Disappointed With Your Social Security Increase? Here's What the Average COLA Has Been Since 2000.
"A nickel ain't worth a dime anymore."
Social Security recipients might empathize with that Yogi Berra quote. Benefits payments began including the 3.2% cost-of-living adjustment (COLA) this month. However, a recent survey conducted by public interest law firm Atticus found that 62% of seniors aren't happy with the amount of their Social Security increase.
But if you're disappointed in your Social Security uptick for this year, it might help at least a little to gain some historical perspective. Here's what the average COLA has been since 2000.
Source Fool.com