Every January, Social Security recipients wait for one number—the cost-of-living adjustment (COLA). It’s supposed to help seniors’ benefits keep up with inflation, but many don’t understand what it truly means for their monthly income. The 2026 COLA is already generating buzz, with economists predicting a modest bump compared to recent years. For retirees on fixed budgets, even a small change matters. Here’s what the upcoming adjustment really represents—and how to make the most of it.
