Here's the Average Social Security Benefit for Retirees Ages 62 Through 80 and How the 2026 COLA Will Impact All of Them

Many retirees have felt the impact of the rising costs of goods and services on their budgets in recent years. The annual Social Security cost-of-living adjustment (COLA) is designed to help seniors keep up with inflation. But many people are still struggling with rising prices for everything from groceries to medical bills.The 2026 COLA will go into effect starting with payments in January. Here's how much retirees of all ages currently receive and how much more the COLA will give them to spend each month.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool