Social Security's 2025 Cost-of-Living Adjustment (COLA) Is Coming. Will It Be Enough for Retirees?
The CPI-W doesn't account for these sorts of differences. So despite the annual COLA, retirees may be actually losing buying power. The most recent analysis by The Senior Citizens League (TSCL) found that retirees have lost 20% of their Social Security benefit buying power since 2010.