Did you know that, next year, CNN Money reveals that Social Security will experience one of the smallest cost-of-living adjustments in the history of the program? Social Security continues to fund 60.4 million Americans living costs and everyday expenses, according to the American Association of Retired Persons (AARP). Even so, applying and qualifying for benefits is becoming increasingly difficult, especially for Florida residents. What is the outlook for the program, and how do you know if you qualify for Social Security?
What is the Current State of Social Security?
Without Social Security and Social Security Disability benefits, over one million Florida seniors would be impoverished. Nearly 90% of Florida’s elderly currently received benefits. People are living longer, howeve
There is a lot of baggage that comes with getting older. Physical activity becomes harder, your senses start to dull, and you find yourself attending more funerals than weddings. However, it is not all bad. This is also the time when you can collect on your Social security claims and allow them to work for your benefit. This means you get to enjoy your retirement doing everything you have always wanted.
By the year 2015, the population of people in Florida over the age of 65 will be 19 percent. In the past decade alone, the number of people in this country who will reach that age in the next 20 years has gone up by 31 percent. These numbers will only increase as times goes on, leading to more and more people who
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