Social Security's 2025 cost-of-living adjustment (COLA) didn't come as a surprise to many who have been keeping an eye on the inflation data. But that doesn't stop it from disappointing the millions of retirees who were hoping for more.

The Social Security Administration announced 2025's cost of living adjustment (COLA) to Social Security checks.

Tens of millions of older Americans will see a 2.5% increase in benefits this January when a cost-of-living adjustment is added to Social Security payments.

Inflation has fallen from the four-decade high it reached in 2022, but the price increases that scorched the economy following the pandemic are still a source of hardship for many retired workers. Consider these statistics from the Schroders 2024 U.S. Retirement Survey: Fewer than 50% of retired workers believe they have enough money saved.

The Social Security Administration just announced the 2025 cost-of-living adjustment set to impact over 72 million Americans. Experts suggest the adjustment is disappointing. Check out our breaking news to learn more.

The smaller increase for 2025 reflects moderating inflation. Retirees voiced concern that the increase would not be enough to counter rising costs.

After months of speculation, the Social Security Administration has finally announced the cost-of-living adjustment (COLA) for 2025. It'll add this COLA to your checks beginning with your December 2024 benefit, which you receive in January 2025.

A Social Security cost of living increase offers retirees options such as managing costs, saving or enjoying small splurges.

Prices accelerated in September, though the overall inflation rate continued to drift lower. The Consumer Price Index (CPI) was up 2.4 percent from a year earlier, the smallest 12-month increase since February 2021.