COLA 2026: Why Your Social Security Raise Might Not Be Enough

COLA Raise for 2026: A Shortfall for Retirees - The upcoming Social Security raise for 2026 may not be enough to combat inflation, as advocates argue the cost-of-living adjustment (COLA) doesnt accurately reflect the real expenses older Americans face. The issue lies in how inflation is measured, with many believing the governments consumer price index underestimates the price increases that impact seniors the most, such as healthcare, housing, and utilities. Despite the raise, retirees may still struggle to keep pace with their budgets due to the disproportionate impact of these rapidly increasing costs.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.