Tag: metropolitan area
![shutterstock_2236766345](https://crr.bc.edu/wp-content/uploads/2023/08/shutterstock_2236766345.png)
The formula for calculating Social Security benefits recognizes that it’s more difficult for lower-paid workers to afford retirement. Their future retirement benefits will replace a higher percentage of their earnings than, say, a corporate executive will receive. But workers in similar jobs who live in expensive coastal cities are at a disadvantage: steep housing costs…