How to Build a Retirement Budget That Works Whether the 2027 COLA Is 2% or 4%
Don't let the upcoming Social Security raise make or break your finances.
Overview
If you're collecting a monthly paycheck from Social Security, there's a key number you may be tracking -- the upcoming cost-of-living adjustment, or COLA. At this stage of the game, there are a number of estimates out there pointing to a larger COLA in 2027 than what came through in 2026.
It's too soon to nail down an official COLA, since those annual raises are based on third-quarter inflation data. That means that the Social Security Administration won't be able to confirm next year's COLA until October.
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Originally published at www.fool.com.
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