2025 Social Security COLA Estimate Falls Short for Seniors
New predictions suggest a 2.6% increase, the lowest adjustment since 2021, as inflation cools but daily expenses remain high.
- The Senior Citizens League revised its estimate for the 2025 COLA to 2.6%, down from previous predictions.
- This adjustment is lower than the 3.2% increase seen in 2024 and significantly below the 8.7% rise in 2023.
- Despite cooling inflation, seniors continue to face rising costs in essential areas like housing, healthcare, and transportation.
- Many seniors express concern that current COLA calculations do not adequately reflect their financial challenges.
- Experts suggest alternative measures for COLA to better address the inflation impacts on older Americans.