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According to the Washington Post "the retirement costs that are rising faster than social security benefits," average social security benefits have ______ per month compared to that of 2000.

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Final answer:

According to the Washington Post "the retirement costs that are rising faster than social security benefits," average social security benefits have risen per month compared to that of 2000. Option A is correct.

Step-by-step explanation:

Since 2000, average Social Security benefits have increased. The Washington Post highlights that while these benefits have seen a rise, retirement costs have surged at a faster pace. This imbalance has put pressure on retirees who heavily rely on Social Security income. Factors such as healthcare expenses, housing costs, and overall inflation have outpaced the incremental growth of Social Security benefits.

As a result, retirees find it increasingly challenging to cover their expenses solely through these benefits, necessitating additional sources of income or careful financial planning for retirement. Despite the rise in benefits, the rate of increase hasn't matched the accelerating costs, emphasizing the importance of considering alternative means to supplement retirement income.

Correct answer: a. Risen

Complete question:

According to the Washington Post "the retirement costs that are rising faster than social security benefits," average social security benefits have ______ per month compared to that of 2000.

  • a. Risen
  • b. Fallen
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