Latest Inflation Data Points to Big Social Security Raise in 2022

It's no secret that the cost of living has gone up in recent months. Everything from groceries to gasoline is more expensive now than it was earlier on in the year, and we can thank inflation for that.

Though inflation is a normal occurrence, the reason it's been hurting consumers lately is that it's been happening at a more intense rate than normal. But while rampant inflation may be causing consumers financial stress, it could also result in a huge windfall for Social Security recipients next year.

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Source Fool.com