cost of living in crease

From Omaha to Ecuador: Can You Live Abroad on Social Security?

Posted on 06/27/2012 by |Retiring Overseas | Comments

Your LifeThis year, 2012, marks the first year since 2009 that U.S. retirees will finally see a cost-of-living adjustment (COLA) of +3.6 percent in their Social Security benefits. In other words, along with suffering through a tough global economic situation, retirees who depend on Social Security endured three consecutive years without a cost-of-living raise. This was an historical event, mind you – the first time in three and a half decades that no cost-of-living increase was forthcoming. And while news of …