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Markets · Investing · Business
Finance
What Early Estimates Say About Your Social Security COLA Boost in 2027
The data used to determine the adjustment is moving into an ever-narrowing range of possibilities.
We don't have the official number just yet; we won't get that until October.
But based on the inflation data we do have through July, we've got a pretty good idea of what 2027's cost-of-living adjustment -- or COLA -- to Social Security's benefits payments will be. Following last week's update to the Bureau of Labor Statistics' measure of consumer inflation, retiree advocacy group The Senior Citizens League now predicts that beginning in January 2027, Social Security payments will grow 3.6% from their current levels. That would push the average retiree's monthly payment up to roughly $2,146.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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