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‘I’m strapped every month.’ Seniors struggle as inflation continues to outpace Social Security benefits
The average retiree’s monthly increase is $56, while Medicare premiums rose $17.90 and Social Security benefits have lost 13.7% of buying power over a decade.
By Tami Luhby, CNN (CNN) — When Stephanie Zebrowski retired and started collecting Social Security in 2018, she was able to get by on her monthly payment with a little left over before the next one arrived. That’s no longer the case. Zebrowski, who worked as a financial editor at a brokerage firm, now finds