Social Security could see a near-4% boost in 2027 as inflation stays hot
Forecasters estimate a 2027 Social Security cost-of-living adjustment near 3.8–3.9% (about $80 more per month for the average retiree). This projection from the Senior Citizens League aligns with CRFB’s 3.8% forecast, though ranges could run 3–4.5% depending on inflation July–September. The final COLA will be set in October. A higher COLA would widen the SSA trust-fund shortfall (around $300 billion over the next decade) and hasten insolvency unless steps such as capping benefits for high earners (e.g., at $100,000) are taken, which could save up to $190 billion over ten years.
