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New Estimates for Social Security COLA in 2027 Reveal Next Year’s Increase May Be the 4th Largest in 36 Years

New Estimates for Social Security COLA in 2027 Reveal Next Year's Increase May Be the 4th Largest in 36 Years

Social Security’s Historic Year and 2027 COLA Insights Last year was significant for Social Security, marking the 90th anniversary of its establishment. For the first time, retired workers saw average monthly benefits exceed $2,000. Additionally, there were Social Security cost-of-living adjustments (COLAs) of 2.5% or more for five straight years—something we hadn’t seen in three […]

Update on 2027 Social Security COLA Forecast: Good and Bad News for Retirees

Update on 2027 Social Security COLA Forecast: Good and Bad News for Retirees

Inflation’s Impact on Social Security Benefits Recently, inflation hit a three-year high, which means that Social Security benefits are, unfortunately, losing their purchasing power faster than they have in quite some time. It’s only natural that this has many beneficiaries worried. A survey from the Employee Benefit Research Institute conducted in 2026 revealed that just […]

The 2027 Social Security Cost-of-Living Adjustment (COLA) is still 7 months away. Here’s what to consider if you’re facing difficulties right now.

The 2027 Social Security Cost-of-Living Adjustment (COLA) is still 7 months away. Here’s what to consider if you’re facing difficulties right now.

Seniors and Social Security Adjustments Seniors saw a 2.8% boost in their Social Security benefits, effective January, although it hasn’t fully met expectations. By April 2026, the average monthly retirement benefit settles at around $2,081. There’s hope that the COLA might increase further in 2027, and some believe their hopes might actually pan out. Still, […]

The 2027 COLA for Social Security might be the largest since 2023.

The 2027 COLA for Social Security might be the largest since 2023.

An increasing number of retirees are depending on Social Security to help them get by. According to Gallup’s latest annual survey, 62% of retirees identify Social Security as their main income source, marking a peak not seen in the poll’s 25-year history. This makes the annual cost of living adjustment (COLA) especially crucial for retirees, […]