Why a Lower Social Security COLA Forecast for 2027 Could Be Good News for Retirees
The latest estimate show a smaller COLA than expected, but retirees shouldn't be disappointed.
Overview
For millions of retirees who count on Social Security to help them make ends meet, a big benefits increase may sound like a good thing.
So when the Senior Citizens League, a senior advocacy group, recently lowered its 2027 COLA prediction from 3.8% to 3.6%, some seniors may have been disappointed.
Details
The reality is that this more conservative estimate is actually good news for older Americans. Here's why.
Source
Originally published at www.fool.com.
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