Social Security Cost-of-Living Adjustment Projected to Rise 3.6% in 2027
- 1The Social Security Administration projected a 3.6% cost-of-living increase for Social Security recipients in 2027.
- 2This adjustment results in an average monthly increase of $75 for the average retiree.
- 3The number of Supplemental Security Income (SSI) recipients is approximately 7.3 million.
So what's the key point?
The cost of living for people receiving Social Security is expected to increase by 3.6% in 2027. Retirees will receive an average of $75 more each month.
Source Fortune · View original ↗
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