New Social Security forecast is great (and rare) news for US retirees — how to take full advantage now Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
In 2027, Social Security recipients could receive their largest cost-of-living adjustment (COLA) in four years, giving retirees some rare financial breathing room after years of elevated prices
Independent Social Security and Medicare analyst Mary Johnson now projects a 3.4% COLA (1). Although that’s down from her 3.7% estimate last month, it remains above both the 2.8% increase beneficiaries received in 2026 and the long-term average of 2.6%. Must Read – – JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA.
Get your free guide from Priority Gold – For an average retired worker collecting approximately $2,085 a month (2) in July, a 3.4% adjustment would add about $71 to each check, or roughly $850 over a full year. Other forecasters are even more optimistic. The Senior Citizens League projects a 3.6% increase (3), while AARP expects 3.5% (4).