Latest Social Security 2024 Cola Estimate. That’s a huge drop from this year’s 8.7% cola, which. But there's another side to the story.
— while social security payouts get larger each year thanks to the cola, a recent survey by tscl found 55% of retirees have more than $2,000 in monthly. Social security is expected to increase in 2025, but it likely won’t be as much as we’ve seen for the last.