2025 COLA estimate dips with inflation, but high daily expenses still burn seniors

2025 COLA estimate dips with inflation, but high daily expenses still burn seniors The latest estimate of Social Security's cost-of-living adjustment (COLA) for 2025 dipped to 2.6% after the government said inflation cooled a bit in July from June, new calculations showed Wednesday. In July, the 2025 COLA forecast was 2.7%. If COLA is 2.6% for 2025, that would be "considered the average amount that COLAs have been over the past two decades and the lowest since 2021," said Mary Johnson, a retired analyst for the nonprofit Senior Citizens League...