Tag: Social Security
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4 Best Places in California for a Couple To Live Only on Social Security
One of the nation's biggest financial crises centers on retiring: people just can't afford to do it. According to 2021 data from the Natixis Global Retirement Index, 36% of Americans said they will never have enough money to be able to afford to retire.
Retired teachers in California struggle to make ends meet with no access to Social Security
Many retired educators in California are finding retirement far less comfortable than they had assumed.
By law, retired educators aren't allowed to collect Social Security benefits, though many have paid into the system.
California DMV announces free offer valid through 2021
The California DMV announced Monday that all Californians who received driver's licenses or identification cards during the pandemic but did not get a REAL ID can upgrade for free through the end of the year.
Social Security Cost-of-Living Adjustments Aren’t Enough to Pay Higher Costs for Seniors
The Social Security Administration announced that the cost-of-living adjustment (COLA), which is an increase in social security benefits to counteract inflation, increased by 1.3% for 70 million American s on Social Security and Supplemental Security Income. The estimated average monthly benefit increased by $20 per month for 2021, reports CNBC. This increase, however, isn’t enough to account for the rising costs for seniors.
