Social Security benefits increase 3.6% in 2027

CHARLOTTE, N.C. — Social Security recipients will recieve a 3.6% cost-of-living adjustment in 2027, increasing the average retired worker’s benefit by about $75 per month beginning in January.

AARP’s Bill Sweeney joined Rising to explain whether the increase will help other Americans keep pace with inflation and what it means for Social Security’s future.

Viewers can find calculators, benefit information and retirement-planning tools through AARP’s Social Security Resource Center.