The Senior Citizens League (TSCL) has predicted that Social Security's 2026 Cost-of-Living Adjustment (COLA) will be 2.5 percent, up from April's prediction of 2.4 percent. While May's prediction is slightly up from March's 2.

If you haven't yet, at what age do you think you'll retire? Most people say the magic number is 65. The actual average retirement age for people living in the United States, however, is a modestly lower 63.

For the first time ever, the average American’s Social Security benefit surpassed $2,000. To be precise, the figure was $2,002.39 - don’t forget those $2.39. A little goes a long way. For reference, the average retired worker’s benefit from May 2024 was approximately $85 less ($1,917).