Page 14 - Whole Magazine June 2020

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12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901SOCIAL SECURITY BENEFITS 2 2 2 2 2 2 2
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Social Security benefits have lost 30 2 Canyon Villas
percent of buying power since 2000, Security benefit by only $23.40 per month
according to the latest Social Security this year. Active Retirement Living
Loss of Buying Power study released A person who retired in 2000 with an
today by The Senior Citizens League average Social Security benefit of $816 per SENIOR APARTMENTS IN CANYON COUNTRY
(TSCL). This year’s study found a 3 month would have $1,246.20 per month
percentage point gain in the buying by 2020. However, because retiree costs
$1,350
power of Social Security benefits over are rising at a substantially faster pace 1 BEDROOM, 1 BATH starting from $790
2019 says study author Mary Johnson, a than the COLA, that individual would
Social Security policy analyst for the require a Social Security benefit of  Largest recreation center in the Valley • Lots of fun activities
League. That should indicate that most $380.00 more per month, or a total of
retirees may have seen at least some $1,626.20 in 2020, just to maintain his or  Gated community • Lush landscaping & ponds • Swimming pool
prices come down on certain items such her 2000 level of buying power.  Free transportation • Great location • Walk to shopping & dining
as lower electric bills, as well as lower The study examined the increase in  HUD/Section 8 Welcome...
prices on eggs, fresh fruits, and costs of 40 key items between 2000 and
vegetables. January 2020. The items were chosen Call for information on waiting list
On the other hand, when there are because they are typical of the costs of
lower prices this is a signal of deflation most Social Security recipients, and (661) 298-1154 or (800) 698-8788
which means a lower cost-of-living include expenditures like the Medicare 27850 Solamint Rd., Canyon Country
adjustment (COLA) is on the way Part B premium, that are not measured by
Johnson says. This year’s 1.6 percent the index currently used to calculate the
buy fresh produce all year
buy fresh produce all year
buy fresh produce all year
buy fresh produce all year
COLA was already low to begin with. COLA. Of the 40 items analyzed, 26 buy fresh produce all year
The recent unprecedented plunge oil exceeded the COLA over the same period
prices have all but wiped out the while 14 were lower than the COLA. This
prospect of a Social Security cost-of- study illustrates why legislation is needed The Orange Farmers and
living adjustment (COLA) for next year to provide a more fair and adequate Here are two locations. One in Artisans Market is held every
Johnson says. The study, which COLA, Johnson says. To put it in Orange County and one in Los Saturday from 9am to 1pm at
Angeles County.
examined price changes from January of perspective, for every $100 worth of If you want your location
2019 to January of this year, found that, groceries a retiree could afford in 2000, published, please send information 304 N. Cypress Street, Orange, CA
since 2000, the buying power of Social they can only buy $70 worth today to nbynews@juno.com 92866. Find more details on
Security benefits improved 3 percentage Johnson adds. website www.orangehomegrown.org
points in 2020 from a loss of 33 percent To help protect the buying power of The Farmers Market at Mt. SAC
as of 2019 to 30 percent in 2020. benefits, TSCL supports legislation that
Between January of 2000 and January of would provide a modest boost in benefits is held on Saturdays from 8AM -
2020, Social Security COLAs increased and base COLAs on the Consumer Price 2PM on Parking Lot B, 1100 N
Social Security benefits by 53 percent, Index for the Elderly (CPI-E) or guarantee
but the costs of goods and services a COLA no lower than 3 percent. To learn Grand Ave in Walnut, CA Rain or
purchased by typical retirees rose more, visit www.SeniorsLeague.org. Shine, sponsored by the Regional
almost twice as much 99.3 percent. Chamber of Commerce San
Medicare premiums and out-of-pocket With 1.2 million supporters, The Senior Gabriel Valley.
costs, housing, and homeowner’s Citizens League is one of the nation’s
insurance were among the most rapidly largest nonpartisan seniors groups. Its 123456789012345678901234567890121234567890123456789012345678901212345678901234567890123456789012123456789012 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2
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- rising costs over the past year. mission is to promote and assist members 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 Receive Not Born Yesterday! by Mail 2 2 2 2
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Based on consumer price index (CPI) and supporters, to educate and alert senior 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
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data through April of this year, Johnson citizens about their rights and freedoms as 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 SUBSCRIPTION BLANK 2 2 2 2
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estimates that the COLA for 2020 will be U.S. Citizens, and to protect and defend 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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zero. That estimate might change, since the benefits senior citizens have earned 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 RENEWAL $16 per year NEW 2 2 2
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there are still five months of consumer and paid for. The Senior Citizens League 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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price index data to be collected before is a proud affiliate of The Retired Enlisted 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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the Social Security Administration Association. Visit www.SeniorsLeague.org for 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 NAME 2 2 2
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announces the COLA in October. more information. 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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Participants in The Senior Citizens 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 ADDRESS
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Interested on serving on a jury?
Interested on serving on a jury?
Interested on serving on a jury?
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Interested on serving on a jury?
Jury Sery Servicevice
Jur
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Jur
Jury Sery Servicevice
Jury Service
League’s surveys indicate that Interested on serving on a jury? 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
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household medical expenses consume a 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 CITY STATE ZIP + 4
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significant portion of their monthly Orange County: 657-622-7000 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
Orange County: 657-622-7000
Orange County: 657-622-7000
Orange County: 657-622-7000
Orange County: 657-622-7000
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San Bernardino: 909-884-1858
San Bernardino: 909-884-1858
income. More than 39 percent of San Bernardino: 909-884-1858 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
San Bernardino: 909-884-1858
San Bernardino: 909-884-1858
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Los Angeles: lacourt.org
Los Angeles: lacourt.org
Los Angeles: lacourt.org
Los Angeles: lacourt.org
respondents to a recent survey say that Los Angeles: lacourt.org 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 EMAIL ADDRESS 2 2 2 2
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they spend more than $750 per month We appreciate that you can 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2 2
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on all Medicare and other healthcare enjoy Not Born Yesterday! on the 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 2 2 2
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costs. In 2020, the average Social INTERNET. Find us online ONLY 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 PHONE NUMBER Month, Day & Year of Birth 2 2 2 2
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Security benefit is $1,460. The 1.6 until the closures and limitations 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 Make check payable to Senior Industry Professionals 2 2 2 2
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percent COLA raised the average Social 12345678901234567890123456789012123456789012345678901234567890121234567890123456789012345678901212345678901 Mail to P.O. Box 722, Brea, CA 92822 [2020] 2 2 2
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are lifted. 123456789012345678901234567890121234567890123456789012345678901212345678901234567890123456789012123456789012 2
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14 June 2020