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Boost Retirement Security: Strategies to Combat COLA Shortfalls

1/18/2026

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Summary

Story summary

Retirees should adopt strategies to counter the inadequacy of Social Security's cost-of-living adjustments (COLAs).
From 2010 to 2024, retirees' buying power fell by $370 due to rising healthcare costs.
The article recommends proactive financial planning, including cutting unnecessary expenses and investing in retirement funds.
It suggests a bond ladder for safer investments and considering dividend stocks for long-term income.
Any action, even small, can significantly improve retirement financial security.

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Story summary

Retirees should adopt strategies to counter the inadequacy of Social Security's cost-of-living adjustments (COLAs).
From 2010 to 2024, retirees' buying power fell by $370 due to rising healthcare costs.
The article recommends proactive financial planning, including cutting unnecessary expenses and investing in retirement funds.
It suggests a bond ladder for safer investments and considering dividend stocks for long-term income.
Any action, even small, can significantly improve retirement financial security.