“The 10 Fastest Rising Costs for Seniors,” by John Manganaro, ThinkAdvisor

Quote:

“To recognize the challenges facing today’s retirees, the Senior Citizens League has published its own analysis identifying the fastest-rising costs for its constituents, using year-over-year CPI data from October. The key findings are included in the following slideshow.”

 

LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:

Seniors find themselves in the eye of the inflation storm. Ironically, it’s the government’s solution (more spending and demand) that cause the problem (higher prices without commensurate supply). The result is more economic pain especially for seniors and anyone on the financial edge.