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Specifically, Trump has discussed some of his plans for international trade, taxes and funding for social programs.
Retirees have been particularly interested in Trumps plans for Social Security and battling inflation.
Funding is just one factor that could affect your Social Security in coming years.
Cost-of-Living Adjustments
Lokenauth said another key factor is changes to the cost-of-living adjustments (COLA).
For 2025, Social Securitys COLA is 2.5%.
Garcia added that retirees should watch those adjustments carefully to better plan for their financial futures.
After all, a smaller COLA reflects cooling inflation.
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