Published on 28 May 2024 on Insider Monkey via Yahoo Finance
This article takes a look at the best place to live on only a Social Security check. If you're looking for more options to consider for your golden years, check out all 20 Best Places to Live on Only a Social Security Check.
On Maximizing Social Security
Estimates from the Senior Citizens League are in for the next COLA scheduled in 2025, and it seems retirees are in for some bad news. Based on current inflation data from the Consumer Price Index, it is estimated that COLA for 2025 will be a mere 2.66%, the lowest it has been since 2020.