Episode

Social Security Falling Short for Retirees | Business and Finance News

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Jul 6, 2026
Duration seconds
90
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Summary

Retirees are counting on Social Security more than ever — but the numbers don’t add up. Despite annual cost-of-living adjustments, benefits have lost 13.7% of their buying power over the last decade because the inflation index used doesn’t reflect how seniors actually spend — healthcare costs soar while commuting expenses drop. Advocates want to switch to a better-suited index, but lawmakers are wary of adding strain to an already stretched system. The takeaway? Start investing in inflation-beating assets like stocks and audit your budget to stretch every dollar. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/48f1eda7e2bfe12b