I always wondered this concept...
Explain ''fixed income''.
Inflation goes up 10%... SS goes up 10%... and working labor wages go up 3-5%.
Medicare goes up 10%, and a limit kicks in... market medical insurance goes up 10%... and workers lose their health insurance.
I think we ''overplay'' the ''fixed income'' a bit.
It isn't like many seniors couldn't go back to work... they just don't want to.
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