According to the latest estimates, Social Security's cost of living adjustment (COLA) should be about 2.63% when it appears in recipients' checks next year. But according to a recent New York Federal Reserve survey, some of the costs that disproportionately affect older Americans are expected to rise much faster, as Certified Financial Planner® Matt Frankel discusses in this video.
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Here's Some Bad News About Social Security COLAs in 2025 and Beyond
Social Security beneficiaries are going to get a raise next year. But it might not be nearly enough.
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