The anticipated increase in Social Security’s COLA reflects rising inflation concerns affecting older Americans’ livelihoods

The expected 4.7% increase in Social Security's Cost-of-Living Adjustment (COLA) for 2027 is primarily driven by the highest inflation levels seen in three years. With 44% of older Americans relying on Social Security as their sole income source, this adjustment is critical for maintaining their purchasing power amid rising living costs.

Timeline

• 2026-06-10 — Social Security’s COLA could be 4.7% in 2027 as inflation hits the highest level in 3 years (MarketWatch)

Sources

• Social Security’s COLA could be 4.7% in 2027 as inflation hits the highest level in 3 years — MarketWatch

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