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The 2025 Social Security cost of living adjustment (COLA) is on track to do something that hasn’t happened in 28 years

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In May, 51 million retiree beneficiaries took home an average Social Security check totaling $1,916.63, up $23,000 on an annualized basis. While that may not sound like a game-changing sum of money, the average retiree would struggle mightily without their guaranteed monthly benefit. For the past 23 years, the national Gallup poll has surveyed retirees … Read more

The 2025 Social Security cost of living adjustment (COLA) is on track to do something that hasn’t happened in 28 years

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Even a rare Social Security cost-of-living adjustment (COLA) may not stop seniors from getting the short end of the stick, once again. In May, 51 million retiree beneficiaries took home an average Social Security check totaling $1,916.63, up $23,000 on an annualized basis. While that may not sound like a game-changing sum of money, the … Read more