The linked article gives a pretty good description of why social security recipients will not get a raise in 2016 because inflation has been minimal. Most will additionally have a substantial increase in the cost of their Medicare premiums. See the article for more information.
About Chris Hansen, CFP®
Chris Hansen is a NAPFA-Registered Fee Only Financial Advisor and a CERTIFIED FINANCIAL PLANNER™ Professional in Cincinnati, OH, serving clients across the country and internationally.