Projected Average Social Security Benefits for Retirees in 2026

Social Security Raise in 2026: Social Security recipients will see an increase in their monthly payments starting in January 2026, with an estimated average check of around $2,074, reflecting a 2.8% cost-of-living adjustment (COLA).

Inflation Impact: Despite the raise, the increase will not fully offset inflation, as the current inflation rate is 3%, meaning retirees will still experience a decrease in purchasing power.

Current Average Benefits: The average monthly benefit for retirees is currently reported at approximately $2,008.31, with projections suggesting it could rise to about $2,018.15 by winter 2025.

Government Shutdown Effects: A prolonged government shutdown has affected the timely reporting of Social Security data, with the latest figures available being from August.