Millions of retired workers, their spouses, and other Social Security recipients are concerned about the 2025 cost-of-living adjustment, or COLA. In this video, Certified Financial Planner® Matt Frankel discusses the latest expectations, when we'll know for sure what the COLA will be, and what it could mean to you.
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The bad news is the COLA estimate has gone down. But nothing is set in stone just yet.
About the Author
Matt Frankel, CFP, is a contributing Motley Fool Personal Finance Expert and Stock Market Analyst covering financial and real estate sectors, plus personal finance. Prior to The Motley Fool, Matt was a high school and collegiate mathematics instructor. He holds a B.S. in Physics from University of South Carolina, an M.S. in Mathematics from Nova Southeastern University, and a graduate certificate in financial planning from Florida State University. Fun fact: Matt won a SABEW award for coverage of the 2017 Tax Cuts and Jobs Act.
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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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