Social Security cost-of-living adjustment could be 2.7% in 2026, according to new estimate
Source: CBS News
Updated on: August 13, 2025 / 2:37 PM EDT
Social Security beneficiaries could see a 2.7% cost-of-living adjustment (COLA) next year, which is slightly more than the 2.5% boost U.S. retirees received this year. The new estimate comes from the Senior Citizens League, an advocacy group, which posted its prediction on its website on Tuesday after the Bureau of Labor Statistics released its latest inflation figures. AARP also released 2026 COLA estimates from experts, such as Mike Lynch, managing director of applied insights at Hartford Funds, who predicted a more modest adjustment in line with the 2025 COLA.
The Social Security Administration makes a cost-of-living adjustment each year to ensure benefits payments for U.S. seniors keep pace with inflation. The yearly adjustment, which the agency is scheduled to announce in October, would go into effect in January 2026. The SSA did not immediately respond to CBS MoneyWatch's request for comment.
Each fall, the agency uses inflation data from July, August and September to determine the COLA for the next year. The consumer price index (CPI), a basket of goods and services typically bought by consumers that tracks the change in prices on everyday items over time, showed that the inflation rate in July held steady at 2.7% on an annual basis, the same as it was in June.
The inflation rate has remained at or below 3% since the start of 2025. However, experts predict it could inch up later in the year as tariffs put more pressure on consumer prices. Alan Detmeister, an economist at UBS, told CBS MoneyWatch that he estimates headline CPI will rise to 3.7% and core CPI will rise to 3.8% by the second quarter of 2026.
Read more: https://www.cbsnews.com/news/social-security-cost-of-living-adjustment-2026/
Annual ballpark figures that various seniors organizations and federal government monitoring media will estimate as data gets released, ahead of the announcement that will come in October.

BoRaGard
(7,538 posts)GOPers need the money for billionaire golf and ball rooms...
wolfie001
(6,130 posts)And so many other greedy bastards. This guy is one ugly mf'er.
Skittles
(167,425 posts)
wolfie001
(6,130 posts)Hilarious though.
jfz9580m
(15,958 posts)He also comes off as a really stupid man. He was trolled by..I cant remember the details.. and I can no longer access New Yorkers one free article.
Anyway Nicholas Carr skewered him here (which is where I read about that):
https://www.roughtype.com/?p=9020
You might remember the colorful interview Andreessen gave to trickster Niccolo Soldo last spring. At one point in the exchange, the high-browed venture capitalist sketches out his vision of the metaverse and makes a passionate case for its superiority to what he calls the quote-unquote real world. His words have taken on new weight now, in the wake of Mark Zuckerbergs announcement that Facebook is changing its name to Meta and embarking on the construction of an all-encompassing virtual world. Andreessen, an early Facebook investor and one of its directors since 2008, is a pal of Zuckerbergs and has long had the entrepreneurs ear. He is, its been said, something of an Obi-Wan to Zuckerbergs Luke Skywalker.
Andreessens vision is far darker and far more radical, eschatological even. He believes the metaverse is where the vast majority of humanity will end up, and should end up. If the metaverse Zuckerberg presents for public consumption seems like a tricked-out open-world videogame, Andreessens metaverse comes off as a cross between an amusement park and a concentration camp.
But I should let him explain it. When Soldo asks, Are we TOO connected these days?, Andreessen responds:
Your question is a great example of what I call Reality Privilege. A small percent of people live in a real-world environment that is rich, even overflowing, with glorious substance, beautiful settings, plentiful stimulation, and many fascinating people to talk to, and to work with, and to date. These are also *all* of the people who get to ask probing questions like yours. Everyone else, the vast majority of humanity, lacks Reality Privilege their online world is, or will be, immeasurably richer and more fulfilling than most of the physical and social environment around them in the quote-unquote real world.
The Reality Privileged, of course, call this conclusion dystopian, and demand that we prioritize improvements in reality over improvements in virtuality. To which I say: reality has had 5,000 years to get good, and is clearly still woefully lacking for most people; I dont think we should wait another 5,000 years to see if it eventually closes the gap. We should build and we are building online worlds that make life and work and love wonderful for everyone, no matter what level of reality deprivation they find themselves in.
Its tempting to dismiss all this as just more bad craziness from Big Techs fiercely adolescent mind. But that would be a mistake. For one thing, Andreessen is revealing his worldview and his ultimate goals here, and he has the influence and the resources to, if not create the future, at least push the future in the direction he prefers. As Tad Friend pointed out in Tomorrows Advance Man, a 2015 New Yorker profile of Andreessen, power in Silicon Valley accrues to those who can not just see the future but summon it. Thats a very small group, and Andreessen is in it. For another thing, Big Techs bad craziness has a tendency, as weve seen over the past twenty-odd years, to migrate into our everyday lives. We ignore it at our eventual peril.
(That sounds about right-some sort of loathesome open world game or a cross between a concentration camp and an amusement park. Current Affairs writer Stephen Prager had a piece about the type of mentality behind this:
https://www.currentaffairs.org/news/the-sick-world-of-prison-tycoon-games)
Anyway, the whole thing is worth a read as is the Tad Friend article if you can access it. Carr is one of the very rare tech critics coming out of that cottage industry of tech criticism whom I respect aside from Yasha Levine. Most others are basically Si Valley plants and shills:
https://thebaffler.com/salvos/all-effd-up-levine
(I still use my IPhone since on the whole Apple is less creepy than Google, but its not enthusiastically/delusionally. That sounds like a faux curmudgeonly ad. Its just that in the hostage situation that is the relationship with modern tech, Id rather Apple didnt do a Boom! with my dull data).
Levine who has pretty good instincts about bullshitters also skewered this creep Shahid Buttar (who is also a sexual harasser) when he was challenging Pelosi from the left. Levine is actual left. He probably would not fit DU rules so I dont link to him directly. But he is an honest person and not a Russian plant or something. He really does attack all sides:
https://artistrightswatch.com/tag/yasha-levine/
The only good thing I have heard about the EFF is that they represented DU in some lawsuit. That aside they are basically libertarians who focus on the less important tech criticisms and attack the state more than the private sector.
This professor David Golumbia had a good piece about that in Medium. About how tech critics like Joy Buohlewimini focus only on the problems with the state never the private sector and this was before Trump turned the state into a joke/authoritarian one. He said that its specifically democratic states that critics like those sneakily attack. Cant find it now but it was on Medium I think.
I like to boost these pieces because lousy tech criticism confuses the brain.
One day hopefully if we ever come to our senses as a species we will look back at the technocreeps and techno leeches/their enablers of this era and be shocked by the jokey front hiding such a dark interior.
That was actually the alt right strategy throughout. This fun and games vibe that confuses the head with this really dark underlying contract. Seriously..fuck those guys and their enablers. There is nothing funny or cute about any of it.
Nowadays, I exploit gallows humor because gallows humor is the privilege of the screwed over not of these nightmarish creeps. Cant stand a humorless life anyway..which is why I find the bleak, brainless faux humor of the alt right so dumb.
The left can..if not meme (never thought that shit was funny) exploit humor. Most comedians are liberal/left leaning..and the ones thats arent arent very funny. Hard to kick down and look cool and funny.
wolfie001
(6,130 posts)Cheers!
Number9Dream
(1,835 posts)Our electric rate KWHr, went up 82% this year.
Boar's Head lunch meat recently went from $14.29 /lb to $15.49 / lb... That's ~ 8.3% increase.
Prescription drug prices up 90% to 300%.
Just a couple examples.
We need new employees in the SSA.
wolfie001
(6,130 posts)The stupid racist republican voters and the other jackasses that sat on their hands. Damn those dummies to hell.
slightlv
(6,558 posts)I remember under Obama's administration they said if we couldn't afford beef, we'd just move to chicken. And now look at the price of chicken!!!
And as wolfie said, any "increase" we get in COLA will simply go to Medicare. It always does. It makes sure to eat up not only the entire COLA, but adds a little more so in the end, we keep losing money year after year after year. And STILL we're dependent upon how young and middle aged people spend their money, which is vastly different from how seniors spend their money!
progree
(12,313 posts)To be clear (the headline is somewhat hyperbolic), he is Trump's nominee to run the BLS Bureau of Labor Statistics. The BLS produces the Consumer Price Index for Urban Wage Earners and Clerical Workers, which is the basis of the SS COLA
14h ago
Speaking on KTRH's Houston's Morning News in December, Antoni said Social Security was set up as a "Ponzi scheme" where "today's investors aretheir funds are being used to pay yesterday's investors."
"And unless you are going to grow the number of investors at an exponential rate, that system is eventually going to collapse. Well, since we can't grow the workforce at an exponential rate, especially today when our population is actually in a state of decline ((no it's not -Progree)), you're not going to be able to sustain a Ponzi scheme like Social Security," Antoni continued. "Eventually you need to sunset the program."
Antoni said current benefits need not be touched, but future retirees should not rely on the program. He advocated for transitioning to a system that uses private accounts "for just them."
Antoni argued for "some kind of transition program where, unfortunately, you'll need a generation of people who pay Social Security taxes but never actually receive any of those benefits," he continued. "And that sounds harsh, but unfortunately that's the price to pay for unwinding a Ponzi scheme that was foisted on the American people by the Democrats in the 1930s."
More: https://www.msn.com/en-us/news/politics/trump-s-pick-to-oversee-social-security-cola-says-need-to-sunset-program/ar-AA1KsEIC
The study I've seen is that eliminating the maximum earnings cap will come very close to eliminating the problem for at least 75 years (per Congressional Research Service Dec 2021. https://sgp.fas.org/crs/misc/RL32896.pdf .
And no, it doesn't take an ever-growing population, let alone an exponentially increasing population, to make Social Security work.
DFW
(58,929 posts)I am still paying $10,000 a year into the system (still working full time), plus the Germans take out about 50% of the payments I do receive (no 15% freebie if you are taxed overseas).
So, while Im always happy to receive what is left over, something always being better then nothing, when you are paid in Dollars and live in Eurosan effective 15% income reduction for me this year so farand about 72% of my SS payout goes right back into government coffers, some people will get a bigger thrill out of the news than I did. I should note that some need it more than I do, so, good for them, I say!
FredGarvin
(688 posts)wolfie001
(6,130 posts)
niyad
(127,247 posts)Old Crank
(6,220 posts)I will lose ten percent of the change due to trump's devaluation of the dollar vs the Euro.
The hike will still fund a decent dinner for Mrs. Crank and I at a local restaurant.
LiberalArkie
(18,933 posts)wolfie001
(6,130 posts)Last edited Wed Aug 13, 2025, 08:39 PM - Edit history (1)
Depending on the plan. I think Plan G is going to go way up because a lot of people switched over to that plan and they are in the sicker category of recipients.
LiberalArkie
(18,933 posts)wolfie001
(6,130 posts)I'm dealing with the dental crap right now. Out of pocket is crazy. I'm on Plan N.
niyad
(127,247 posts)A very large FUCK YOU to the goddamned bastards running this show now, and the same to anybody who supports them.
progree
(12,313 posts)See #19 in this thread
https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3512570
damifino10
(133 posts)I have yet to see a tariff @ 2.7%. Where in the hell do these folks get this increase with all the taco tariffs being
bounced around. 25% here, 50% there, etc. Who do these elected officials think they are kidding. In my opinion,
social security loses buying power every year. As our illustrious leader says, "it's fixed."