2 Big Reasons the 2026 Social Security COLA Might Not Be Enough

After the July inflation data was released, the latest estimates from the Senior Citizens League are calling for a Social Security cost-of-living adjustment, or COLA, of 2.7% for beneficiaries in 2026. This is one-tenth of one percentage point greater than the prior estimate and would be a raise from the 2.5% COLA that went into effect this year. https://seniorsleague.org/tscl-cola-projection-8-25/Social Security COLAs help retirees and other beneficiaries keep up with the rising costs of goods and services. And while a higher estimated COLA might sound like good news, there are a couple of good reasons it might not be enough. Here's what all retirees and other Social Security beneficiaries should know.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool