1. 2026 Social Security COLA: Modest Increase Ahead

The Social Security cost-of-living adjustment (COLA) for 2026 is projected to increase by 2.7%, according to The Senior Citizens League (TSCL) and the 2025 Social Security Trustees Report. That’s a modest bump from 2025’s 2.5%.

While a higher COLA means more money in your monthly check, it also reflects continued inflation pressures. After accounting for Medicare Part B premium increases (projected at $21.50), retirees could see only a net monthly gain of around $32.

This highlights the importance of smart retirement budgeting and exploring supplemental income options like IRAs, annuities, or investment portfolios.