Social Security's 2027 COLA May Disappoint Retirees No Matter What
Despite the potential for a larger raise, there's bad news.
Overview
Social Security's cost-of-living adjustments (COLAs) tend to be a big topic of conversation around this time of the year. After all, inflation data during the months of July, August, and September determine what upcoming COLAs look like. And with mid-August landing smack in the middle of that window, retirees tend to get antsy and seek out answers.
Based on how inflation has surged, it's looking like Social Security recipients could be in line for a larger COLA in 2027 than what they received in 2026, which was a 2.8% increase. But even if next year's COLA appears generous on paper, many retirees are still likely to be disappointed with it.
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Originally published at www.fool.com.