Home / Business and Economy / Retirees Brace for Potential 2026 Social Security Boost
Retirees Brace for Potential 2026 Social Security Boost
8 Sep
Summary
- Social Security COLAs may rise significantly in 2026
- Retirees urged to explore ways to boost income and reduce costs
- Advocacy group projects higher COLA based on inflation data
As of September 2025, retirees are closely monitoring the potential 2026 Social Security cost-of-living adjustment (COLA). According to an advocacy group, the COLA projection has been steadily rising since March, hinting at the possibility of a more substantial increase next year.
Back in March, the group was calling for a 2.2% COLA. However, the projections have since been revised upwards, suggesting retirees may be in line for a considerably more generous raise than the 2.5% they received in 2025. While the September 2025 projection is not yet available, the trend points to positive news for those relying heavily on Social Security income.
Despite the anticipation, experts caution that COLAs are not meant to improve retirees' financial situations, but rather to help them keep pace with rising prices. For those struggling to cover their bills, the advice is to examine their spending and explore ways to reduce costs or boost their income through part-time work. Relocating to a more affordable area may also be an option worth considering.
