The Expected 2025 Social Security COLA Just Increased -- But Here Are 2 Big Reasons It Isn't Enough

Inflation has certainly cooled off from its 2022 peak, but it isn't gone. As a result, Social Security beneficiaries can expect a significant cost-of-living adjustment, or COLA, to increase their benefits in 2025. However, there's more to the story. In this video, I'll discuss two big reasons the COLA might not be enough for retirees to keep up with the cost of living.

*The video was published on July 19, 2024.

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Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link , they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.