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Social Security COLA Predictions: The Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for retirees in 2025, which many seniors found disappointing. Predictions for 2026 suggest an even smaller increase of 2.3%, but potential tariff policies could impact inflation and alter this estimate.
Impact of Tariffs on Seniors: Tariffs may lead to higher consumer prices, affecting the affordability of medications and food for seniors. While a larger COLA could help maintain purchasing power, it may not be beneficial overall as it could coincide with increased living costs, leaving retirees struggling financially.
