Soaring inflation is throwing retirees' budgets into chaos | CNN Business

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'Sometimes I only eat one meal a day.' Older Americans living on fixed incomes are feeling the squeeze of inflation.

At a card table there, CNN met with a group of seniors, all on fixed incomes, who spoke about feeling the squeeze from steep price hikes over the past year. Katherine Janes, 81, said she had to turn to her son for financial help. “It makes things a little easier,” Janes said. “Everything is expensive.” Ron Longhurst cut back on evening socializing, which has been difficult as a single 79-year-old. “Day-to-day, I stay home more,” he said.

” They already have some boxes packed, expecting another rent hike when their lease ends early next year. Johnson, a retired university counselor, and her husband, a retired engineer and teacher, moved to Florida from Michigan three years ago, bringing along her sister and nephew to live with them. The family would like to buy a home, but the draining price hikes and red-hot housing market are making that more difficult. Johnson says they may have to downsize as a result.

 

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The goal is for our elders to miserably die sooner. Of course, we are going to blame covid when life expectancy continues to decline even further.

LyinBiden don’t care

It’s about to get worse folks, sorry to say it but it’s gonna be FUBR. 2023 is gonna be a 💩 show.

Wolf, your head is so giant and fat, maybe you should try this diet.

Poor Wolf.

Dear voter - Your election to the Democratic Party means the destruction of America

CNN cocaine Nazi network

Go to Florida, there are nuts everywhere...

Just wait till the gop ends SocialSecurity

Stop giving away our tax $$$ to Ukraine & other foreigners then

Keep up the good work corn pop

Vote out the democrats to save all peoples

No mean tweets that's what's important.

Caviar and Champagne 😉

It's happening the same all over the world...And older people is suffering more...

Inflation is 8% and dropping and the propagandists from want us to believe that 90% of the country has to rely on cat food. Tell me CNN...if inflation is soooooo out of control, then how come demand for goods & services are at an all time high? People clearly have money.

I'm so proud of Joe Biden for introducing more Seniors to the OMAD diet plan

Well gotta keep the UkraineRussiaWar going and throwing billions dow the drain for a deeply corrupt country Ukraine

MahsaAmini we are at war with the government in Iran. Please be our voice.

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'Everything is expensive': Seniors cut back on socializing and meals as inflation pinches | CNN Business'I've never had to feel a worry about how we were going to eat, but today, we're only doing light foods, sandwiches.' Seniors on a fixed income have been hit particularly hard by inflation. They were eating steak 2 years ago 🤷‍♂️ Well, seniors, pay attention & vote Democrat. The Repubs have already said they want to rescind $2000 Rx annual cap & $35 insulin copay. Oh, and they want to sunset Social Security/Medicare. AND make cutbacks to SS/Medicare in order to raise debt ceiling. Yeah, they don’t care! You know what's crazy I didn't think I was in thus category but I'll be 55 this December does that make me a senior strikin by the economic downturn or am I just poverty-stricken middle aged women?
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