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While the official Social Security cost-of-living adjustment ... Average estimated monthly increase in 2025. Average estimated 2025 check amounts. Retiree. $1,920.48. $48.01. $1,968.49.
The average cost-of-living adjustment since 2010 has been a more modest 2.3%. But it's one thing to talk about percentages and an entirely different matter when digging into what the 2025 COLA ...
Social Security benefits will get a cost-of-living adjustment (COLA) in 2025. ... The chart below shows how a 2.5% COLA would impact the average monthly payout for different beneficiaries ...
In fact, next year's 2.5% bump is higher than the 2010's average COLA of 1.4%, and is similar to the average since 1983 (after the soaring inflation of the preceding decade). What it means for ...
If this organic increase remains consistent at $1.92, the average payout for 68.4 million beneficiaries will rise to $1,790.04 before the 2025 COLA is taken into account.
The cost-of-living adjustment aims to level the playing field and boost benefits in step with rises in inflation. ... What the 2025 COLA increase means for your retirement ... The average Social ...
Don't start counting that extra money just yet.
Data source: Social Security Administration. As shown above, CPI-E inflation averaged 3.4% through the first eight months of 2024. That is three-tenths of a percent above the average CPI-W reading.