The 2026 Social Security Cost-of-Living Adjustment (COLA) Is Shaping Up to Be Higher Than Anticipated. Here's Why Retirees Shouldn't Celebrate Just Yet.

Social Security may be the most valuable retirement asset most Americans have. The pension for retired workers accounted for 20% of families' total wealth in 2022, according to a study by the Congressional Budget Office. That's based on a calculation valuing all future payments at present value.Those future payments get a boost every year, which could make them even more valuable to Americans. The annual cost-of-living adjustment (COLA) helps benefits keep up with inflation. And while we won't have the official 2026 COLA number until mid-October, it looks like it'll come in higher than what analysts anticipated at the start of the year.But a bigger COLA isn't necessarily reason for Social Security recipients to celebrate. Here's what retirees need to know.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool