Social Security recipients have lost nearly a fourth of their buying power since 2000!!!
A recent study by the Senior Citizens League, 2015 survey of Senior’s cost reported this statistic.
Reported by George Petras of USA Today, the increase in items since 2000 are as follows:
Heating oil increased 159%
Eggs increased 117%
Gasoline (all grades) increased 76%
Potatoes increased 67%
Electricity Increased 63%
Movie Ticket increased 52%
Chicken Increased 46%
Milk increased 35%
Coffee increased 34%
Medical Expenses (total out of pocket costs increased 30%
Seniors and others dependent on government benefits cannot keep up with the inflation on a fixed income.
If you think this doesn’t affect you cause you are not getting these benefits, then who is going to take care of those in your family who are getting these benefits. We have to be able to control our purchasing power!!! Paper money keeps losing it’s value!!! Gold is not!!
Find out how to protect your Purchasing Power by visiting:www.therealmoney.info
Then contact me: www.charlenekelley.com
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