Navigating the 2026 Social Security Changes: What Retirees Need to Know
TL;DR Summary
Social Security's 2026 cost-of-living adjustment (COLA) is expected to be around 2.6% to 2.7%, marking a potential five-year streak of increases above 2.5%, but retirees may still face a loss of purchasing power due to higher inflation in shelter and medical costs, coupled with an anticipated 11.5% rise in Medicare Part B premiums, resulting in a challenging financial outlook for retirees.
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- What’s changing in Social Security: Full retirement age, payroll taxes and more USA Today
- Proactive Retirement Planning in a Shifting Social Security Landscape: Strategies for 2025 and Beyond AInvest
- BRN: The Social Security COLA and what it means TheStreet
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