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$2,000 Social Security Milestone Reached — But Real Value Plummets Amid Soaring Costs
In 2025, Social Security benefits for retired workers have surpassed $2,000 monthly for the first time, thanks to a 2.5% COLA. However, the real value of these benefits has declined by 20% since 2010, highlighting the need for retirees to adopt strategies to maximize their income and maintain financial security.