Daily Budgeting Tips and Tricks

  2027 Social Security COLA: How Much Will Your Check Go Up? The 2027 Social Security COLA is announced October 14. See the expected increase, how it's calculated, and what it means for your monthly check. Millions of retirees are waiting on one number right now: the 2027 cost-of-living adjustment (COLA). The official figure is due October 14 at 8:30 a.m., when September inflation data is also releasedWhat is the COLA?Here is what 3.5% would mean in dollars: The average retired worker benefit was $2,083 as of July 2026, so a 3.5% raise would add about $73 a month. (nasdaq) Your own raise depends on your benefit. A $1,500 check would rise by about $52 and a $3,000 check by about $105. When will I see the raise? The 2027 COLA will show up in payments starting in January 2027. The COLA is the yearly raise that keeps Social Security payments from losing buying power to inflation. The SSA averages the CPI-W (the consumer price index for urban wage earners and clerical workers) for July...