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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Primemuscle on April 19, 2026, 02:21:40 PM
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Social Security's 2027 cost-of-living adjustment (COLA) estimate is getting a 'Trump bump' -- here's how much extra you might receive big whoop-de-do!
Cost-of-Living Adjustment (COLA): Social Security's 2027 COLA is estimated around 3%, giving retirees an average monthly increase of $62, influenced by inflation and recent geopolitical events.
Trump Bump Effect: Actions by Donald Trump, including tariffs and the Iran conflict, have caused higher prices, indirectly boosting Social Security payouts for a second consecutive year.
Long-Term Challenges: Despite short-term increases, decades of declining purchasing power remain, as the CPI-W index underestimates seniors’ spending on shelter and medical care, and rising Medicare premiums offset COLA gains.
Recent and Future COLA History:
2026: 2.8% (announced Oct 2025)
2025: 2.5%
2024: 3.2%
2023: 8.7%
2022: 5.9%
2021: 1.3%
2020: 1.6%
The Average Social Security COLA over the past seven years is 3.7%. Over this seven-year period, prices increased by an average of between 3.5 - 3.8%%, driven heavily by record inflation in 2021 and 2022. Up to now, this is okay. What will the cost-of-living this year? Will Trump's 3% be anywhere near to this.
The average SS COLA
AARP
Key Historical Data:
Highest COLA: 14.3% in 1980.
No COLA (0.0%): Occurred in 2009, 2010, and 2015.
Average Rate: Over the last 20 years, the COLA has averaged roughly 2.6%.
Empower
https://www.ssa.gov/oact/cola/colaseries.html
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But Social Security is going broke by 2032 or so.
A higher increase and it will only go broke sooner, right?
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Social Security's 2027 cost-of-living adjustment (COLA) estimate is getting a 'Trump bump' -- here's how much extra you might receive big whoop-de-do!
Cost-of-Living Adjustment (COLA): Social Security's 2027 COLA is estimated around 3%, giving retirees an average monthly increase of $62, influenced by inflation and recent geopolitical events.
Trump Bump Effect: Actions by Donald Trump, including tariffs and the Iran conflict, have caused higher prices, indirectly boosting Social Security payouts for a second consecutive year.
Long-Term Challenges: Despite short-term increases, decades of declining purchasing power remain, as the CPI-W index underestimates seniors’ spending on shelter and medical care, and rising Medicare premiums offset COLA gains.
Recent and Future COLA History:
2026: 2.8% (announced Oct 2025)
2025: 2.5%
2024: 3.2%
2023: 8.7%
2022: 5.9%
2021: 1.3%
2020: 1.6%
The Average Social Security COLA over the past seven years is 3.7%. Over this seven-year period, prices increased by an average of between 3.5 - 3.8%%, driven heavily by record inflation in 2021 and 2022. Up to now, this is okay. What will the cost-of-living this year? Will Trump's 3% be anywhere near to this.
The average SS COLA
AARP
Key Historical Data:
Highest COLA: 14.3% in 1980.
No COLA (0.0%): Occurred in 2009, 2010, and 2015.
Average Rate: Over the last 20 years, the COLA has averaged roughly 2.6%.
Empower
https://www.ssa.gov/oact/cola/colaseries.html
LOL obama fucked the old people 3 times and nobody cared. ;D
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LOL obama fucked the old people 3 times and nobody cared. ;D
And I still don't care what Obama did with SS or old folks because there is absolutely nothing that I can do to change the past. Trump is boasting about raising.
This year, Trump's "Big Beautiful Bill" gave some folks on SS a break in paying income taxes until 2028. This is a nice bonus for those who benefited.
My point is that there is nothing unusual about a 3.0% COP increase as compared to what has been historically paid.
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And I still don't care what Obama did with SS or old folks
Of course not, but you spent Bidens 4 years crying about what Trump did the previous years.... ::)
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Of course not, but you spent Bidens 4 years crying about what Trump did the previous years.... ::)
Did I? You are a moderator; it should not be difficult for you to pull up those posts. It is more likely that I posted regarding Trump's shenanigans regarding the 2020 "stolen election."