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Prediction: Retirees' 2025 Social Security COLA Will Be Higher Than Current Projections

TheMotleyFool

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Prediction: Retirees' 2025 Social Security COLA Will Be Higher Than Current Projections: https://g.foolcdn.com/editorial/images/786274/older-couple-looking-at-a-document.jpg

Two months. That's roughly how long retirees must wait for important news that impacts them financially.

I'm referring, of course, to the mid-October announcement of the 2025 Social Security cost-of-living adjustment (COLA). Currently, Social Security benefits are projected to increase by 2.6% to 2.7%. However, I predict the actual 2025 Social Security COLA will be higher than current projections. Here's why.

Image source: Getty Images.

Source Fool.com

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