The 2025 COLA will be announced in a few months, and depending on what the number turns out to be, it could greatly affect the future of retirement.
The 2024 COLA was barely a third of the one for 2023. And in both cases, many seniors still struggled to make it through a tough economy.
Unfortunately, the same may be true in 2025.
Could another less-than-impressive increase lead many seniors to come out of retirement?
As prices remain high, and in some cases continue to rise, it’s a tough time to make ends meet, especially with such a small boost.
What are your thoughts? Is this number high enough to help you stay retired? Will it make a substantial difference in your choice to return to the workforce?
