Millions of American retirees could secure a larger financial boost in 2027 as early forecasts peg the upcoming 2027 Social Security Cost-of-Living Adjustment (COLA) projection at approximately 3.8%.
According to recent tracking data from The Senior Citizens League COLA estimate, the projected increase sits comfortably above the 2.8% adjustment issued for 2026. If these estimates hold true when official figures are released this autumn, the average retired worker's monthly benefit will rise by roughly $79, shifting typical payouts from $2,083 to nearly $2,162 starting in January 2027.
