Advocates Project About 3.5% Social Security COLA for 2027

That rise would lift the average monthly check to roughly $2,010, leaving many retirees short of current price pressures and underscoring long‑term funding risks.

Overview

Advocacy groups led by The Senior Citizens League are publicly projecting a roughly 3.5% cost‑of‑living adjustment for 2027 but the figure is not official.
The Social Security Administration is scheduled to announce the final 2027 COLA on October 14 after the Bureau of Labor Statistics releases September CPI‑W data.
A 3.5% increase would raise the average monthly benefit from $1,941.76 to about $2,009.72 based on the SSA’s most recent benefit data.
The COLA is set by changes in the CPI‑W for the summer months, and advocates warn that a January boost does not help retirees facing higher prices today and can be reduced by Medicare Part B premiums or income‑related surcharges.
Federal trustees project a key funding source could be exhausted around 2032, which could force large benefit cuts unless Congress acts, making long‑term solvency the next major issue for beneficiaries and lawmakers.