What Retirees Should Expect From Social Security's 3.8% COLA in 2027
An above-average boost is likely on the way.
Overview
You won't have to wait too much longer to find out how much your Social Security benefits will grow next year. We're just a couple of months away from the official 2027 cost-of-living adjustment (COLA) announcement, and the final numbers needed to do the calculation should trickle in over the next couple of weeks.
Estimates from The Senior Citizens League (TSCL) predict the COLA will be somewhere around 3.8%. That's larger than the boost seniors got this year, but you need to maintain a realistic perspective on what this will do to your checks.
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Originally published at www.fool.com.
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