Key Points It's terrific that Social Security adjusts retiree benefits to account for inflation. But Social Security is facing a shortfall, and that could end up shrinking benefits. The $23,760 Social Security bonus most retirees completely overlook › October is approaching, and that means many people are looking forward to leaves changing color in their neighborhoods and to trick-or-treaters gracing their doorsteps. Social Security enthusiasts, though, are also eagerly waiting to find out how big the Social Security cost-of-living adjustment (COLA) will be for 2027. It's all tied to inflation, of course, and a fluctuating inflation rate has experts revising their COLA estimates.
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