Social Security's Updated 2027 COLA Forecast Shows Higher Inflation Impact
The Senior Citizens League has raised its forecast for Social Security’s 2027 cost-of-living adjustment (COLA) to 3.9%, up from 2.8%. This increase is attributed to recent inflation acceleration linked to the Iran war and ongoing economic pressures, which may lead to higher benefit increases but also reflect broader macroeconomic concerns.
Topics: cost-of-living adjustment (COLA) inflation retirement confidence Social Security