1. The Social Security cost-of-living adjustment (COLA) for 2026 is looking pretty low
It seems that the COLA for next year will be higher than the last one (2.5% in 2025). The Social Security Trustees Report and The Senior Citizens League estimate an increase of 2.7%.
Retirees face a dilemma with COLA: a higher adjustment boosts their benefits, but it only happens because inflation is driving up their cost of living.
A smaller COLA means lower inflation, but also less money for retirees to cover rising expenses. Even if 2026 brings the projected 2.7% COLA, much of the increase could be wiped out by higher Medicare costs.
The average monthly Social Security check would rise about $54 (or $650/year), but after deducting the projected $21.50 Part B premium hike, the net gain would fall to just $32.68—with nearly 40% of the raise consumed by Medicare.
I need to ask about the age what age is best to take the retirement thanks
The Government should leave people hard earned money alone. Stop stealing from taxpayers!!
Its bs Medicare goes up we do without so therefore we didn’t get a raise but ss got it for what Medicare is so hi now its pathetic, insurance would be cheaper than Medicare
I agree
I had to cancel my Medicare part b, I can’t afford it. I have a husband in a nursing home and I have to pay on that. I get his disability and my retirement combined of $2700. Per month after house, utilities insurance i have $1100 left and state says i have to much for help!