Retirees Fear Social Security's 2026 Cost-of-Living Adjustment Won't Be Enough to Blunt the Impact of Inflation

The Social Security Administration bases upcoming cost-of-living adjustments on the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). And if you think, "Wow, the latest COLA sure doesn't seem to be in line with the inflation I'm experiencing in real life," you're not alone. It could be because the CPI has increased dramatically since the pandemic arrived in 2020. Layering one year of inflation on top of another adds up fast. Perhaps it's no surprise that some retirees are concerned that their 2026 COLA won't be enough to soften the impact real-life inflation has on their budget. The 12th edition of the Nationwide Retirement Institute's Social Security survey gives us a peek into what people are thinking. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool