In Retirement, Your Monthly Statement Doesn't Tell the Whole Story
In Retirement, Your Monthly Statement Doesn't Tell the Whole Story
In Retirement, Your Monthly Statement Doesn't Tell the Whole Story
Social Security’s 2027 Raise: What the 3.6% COLA Means for You
If you've been wondering what next year's Social Security increase will look like, you're not alone. It's one of the questions I hear most this time of year! We'll know the official number soon: the Social Security Administration will announce the 2027 adjustment on Oct. 14, right after the September inflation report comes out. Early estimates are encouraging. With two of the three months used in the calculation now in, forecasts are clustering around 3.5% to 3.6%. That's up from the 2.8% bump for 2026, and it would be the biggest annual increase since 2023.
For many grandparents, one of the most rewarding parts of financial planning is knowing they may be able to help the next generation.
Rising bond yields have become one of the most important stories in the markets this summer.