Why the Latest Social Security COLA Forecast Could Disappoint Beneficiaries

Why the Latest Social Security COLA Forecast Could Disappoint Beneficiaries 图片 1

We're inching closer to the 2027 Social Security cost-of-living adjustment (COLA) announcement, and it's looking increasingly likely that seniors will get an above-average benefit boost next year. All projections, including the most recent, suggest a 2027 COLA that's well above what beneficiaries got this year.

At the same time, it's unlikely to meaningfully improve your finances. Here's what you can expect next year, and what you can do if your Social Security COLA isn't enough.

Image source: Getty Images.Continue reading

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