The official retirement age in Japan is 60. - Getty Images Here’s the good news: Social Security recipients — all 70+ million of them — will get a cost-of-living adjustment of 2.8% next year. And the bad news: That’s not going to be enough to keep up with the current inflation rate. But don’t take my word for it — check out the latest data from the Trump administration itself. Just as the Social Security Administration was announcing the 2.8% raise, the Bureau of Labor Statistics said that inflation is n ...