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Social Security and inflation

Social Security says that benefits will increase by 5.8% in 2009. Social Security is really the only retirement product that offers genuine inflation protection.

Protecting retirees from inflation is a factor other retirement savings plans should take into account. But most don't.

About the author

Christopher Farrell is economics editor of Marketplace Money, a nationally syndicated one-hour weekly personal finance show produced by American Public Media.
wade's picture
wade - Oct 16, 2008

sounds great ....if you are a boomer.

The "lockbox" lol just will not be there for this mid30 year old.

Why cant we just just have freedom of choice...and let some get off the titanic?

$11 trillion in debt with $55 trillion in socialistic programs that will be due in my lifetime.....and this is before the messiah obama will be in office, and all of his lovely ideas on how to spend my money.. for me. How the hell are Americians going to pay for all of this Chris?

Why dont we just tax ourselves into prosperity?

sad