The 2026 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.
In recent years, COLAs have trended downward. Some point to a decrease in inflation as a reason for this. However, prices remain high, and benefits aren’t going as far as they should. This economic situation puts pressure on seniors as the 2026 COLA announcement approaches.
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?
