(EL DORADO, Kan.)
You pay into it every month, for years. Soon Social Security alone may not even afford you the basics.
Nearly 51 million Americans collect the benefit and count on a slight cost of a living increase every year. A bad ecomony could mean that goes away.
Thirty-two million of those are seniors just trying to get by after retirement.
"I have to rely on it most of the time," Beulah Jones said.
But fellow retiree Erma King admits she doesn't, "depend on it [social security] too much, but it helps."
Yes, that monthly check from Social Security means more to some Americans than others.
But financial forecasters are predicting everyone should plan to bank on less.
Jones says, "Congress, Senate they raise their pay so why don't they raise ours."
The Congressional Budget Office estimates inflation for next year will be too low to trigger a cost of living increase for Social Security.