We support our Publishers and Content Creators. You can view this story on their website by CLICKING HERE.

Angry seniors are trying to make ends meet after a 2.5% raise in Social Security benefits was announced for 2025, making it harder to put food on the table with inflation biting deep into what they receive.

Many of those living on Social Security benefits have no idea how they will afford to live with the cost of living far out-pacing what they are receiving.

“The Social Security Administration last week announced nearly 68 million Social Security recipients will see a 2.5 percent increase to their benefits in 2025,” the Daily Mail reported. “This uplift, known as the cost-of-living adjustment, or COLA, is the lowest since 2021 – an average increase of $49 a month.”

(Video Credit: Yahoo Finance)

Unsurprisingly, senior organizations and many older Americans are incensed over the tiny increase that doesn’t come close to the meteoric rise in housing, healthcare, utility, and food costs.

“My social security disability check currently is only about $60 more than my rent. January when I sign my new lease I’ll be running a negative,” one Reddit user candidly commented according to the Daily Mail. “I’m hanging on by a thread.”

Another noted: “There are going to be many elders that will be going without things. Many live SS check to SS check as it is. With inflation this high it’s going to be hard.”

“Increased payments to nearly 7.5 million people receiving Supplemental Security Income (SSI) funds will also start on December 31, 2024,” the media outlet noted.

Former President Trump has vowed that if he is reelected, he will nix taxation on Social Security benefits to ease the burden on seniors. He has also promised to protect Americans’ benefits. You can bet that inflation will come down and things will be more affordable as well if he gets back into office.

According to the Daily Mail, the formula for calculating raises to Social Security seems to be “unburdened by what has been,” “The COLA uplift is based on a specific inflation measure called the Consumer Price Index for All Urban Wage Earners and Clerical Workers (CPI-W). This tracks the price changes that urban wage earners and clerical workers pay for a basket of common consumer goods and services. The uplift will increase the average retired workers’ benefit by $49 in 2025, hiking it to around $1,976 a month.”

“It is the lowest yearly increase since 2021 when beneficiaries received a 1.3 percent increase in benefits. In 2024, there was a 3.2 percent hike, and in 2023 there was an 8.7 percent boost – the highest in four decades in response to record-high inflation. In 2022, benefits increased by 5.9 percent,” the outlet recounted.

The Democrat excuse that inflation is supposedly cooling is being used to justify the low increase for social security but that does not track with reality.

“TSCL executive director Shannon Benton said this year represents ‘another lost opportunity to grant seniors the financial relief they deserve’ by changing the COLA calculation which would ‘better reflect seniors’ changing expenses,’” the Daily Mail wrote.

“Our research shows that 67 percent of seniors depend on Social Security for more than half their income and that 62 percent worry their retirement income won’t even cover essentials like groceries and medical bills,” Benton asserted.

Food alone has jumped 20% in the last five years according to Labor Department data. Cars are no longer affordable and rent has spiraled out of control. Thanks to the Biden/Harris green agenda, a lot of seniors will be cold this winter as well. Obama’s shenanigans with healthcare are still causing skyrocketing prices. No wonder seniors are frustrated and furious.

“AARP chief executive officer Jo Ann Jenkins said: ‘Even with this adjustment, we know many older Americans who rely on Social Security may find it hard to pay their bills. Social Security is the primary source of income for 40 percent of older Americans. While this adjustment is important, there is more we must do to ensure older Americans can continue to count on Social Security. AARP continues to call on Congress to take bipartisan action to strengthen Social Security and secure a long-term solution that Americans can rely on,’” the Daily Mail concluded.

Latest posts by Terresa Monroe-Hamilton (see all)

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the ∨ icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.