Here's Why Retirees Need to Stop Wishing for a Giant 2027 Social Security COLA

Key Points We're getting closer to finding out the 2027 Social Security COLA. Many retirees are hoping it will be larger than this year's 2.8% raise. A giant COLA means soaring inflation, and that's not a good thing. The $23,760 Social Security bonus most retirees completely overlook › If you're a retire on Social Security who's itching to know what the 2027 cost-of-living adjustment (COLA) is going to look like, you shouldn't have to wait much longer. Social Security COLAs are based on inflation data from the third quarter of the year. So once data for September comes in, the Social Security Administration (SSA) should be in a position to make that raise official. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.