Inflation impacts seniors differently. The Department of Labor measures that with an experimental CPI index for the elderly called the CPI-E. Is it better?
Americans age 50 and up really want to know what the two presidential candidates plan to do about programs such as Social Security.
Social Security cost of living adjustments, or COLAs, are shaping up to be a major retirement planning issue in 2011. Here are the two factors that retirees or people thinking about retirement ought to consider. One is the overly generous COLA that Social Security recipients got in 2009, resulting inadvertently in no COLA in either