"Social Security's 2025 COLA Forecast Sees Positive Update"

The Senior Citizens League has updated its 2025 Social Security cost-of-living adjustment (COLA) estimate to 2.66%, up from earlier projections of 1.75% and 2.6%. While this is an improvement, it may still be disappointing compared to recent years' higher COLAs. Seniors are advised to not overly rely on Social Security increases and consider additional income sources or savings to better manage their retirement finances. The official COLA will be announced in October based on third-quarter inflation data.