For a majority of Americans, Social Security income is an absolute necessity during retirement. In each of the last 23 years, national pollster Gallup has surveyed retirees to gauge how reliant they are on their Social Security check.

While we're still a few weeks away from the October announcement, it hasn't stopped experts in the field that follow inflation trends to make predictions for what the 2025 COLA in

The inflation data for August gives us a pretty good idea about the likely magnitude of Social Security’s cost-of-living adjustment (COLA) for 2025. This automatic indexing of benefits to keep up with rising prices — always a wonderful feature of our Social Security program — has been particularly valuable in light of the recent bout of inflation.

The Bureau of Labor Statistics (BLS) just released the second of three data points that will determine how much more retirees will receive in Social Security retirement benefits next year. The annual Social Security cost-of-living adjustment,

Social Security recipients received a 3.2% adjustment. The average retired worker benefit lands at roughly $1,900 per month, so that amounts to a raise of just over $60 p