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Today’s Social Security COLA Is Inadequate For Three Reasons

A survey finds 54% of Social Security recipients say the 2.8% 2026 COLA is insufficient as inflation and Medicare premiums rise faster than benefits.

  • 54% of Social Security beneficiaries believe the 2026 2.8% COLA is insufficient to keep up with rising costs, according to survey results.
  • 68% of respondents stated the 2.8% COLA won't cover essential living expenses such as healthcare, housing, and food.
  • The Social Security Administration calculates COLAs using the Consumer Price Index for Urban Wage Earners and Clerical Workers .
  • Inadequate COLA adjustments can increase financial stress, worsen health outcomes, and raise the risk of poverty and homelessness among older Americans.
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Most Social Security recipients say 2.8% COLA isn’t enough

The Motley Fool reports that 54% of Social Security recipients find the upcoming 2.8% COLA insufficient to cover rising living costs.

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  • 91% of the sources are Center
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Santa Monica Observer broke the news in on Friday, October 24, 2025.
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