Social Security payments to go up 2.8% next year while polls show three-fourths of seniors think 3% isn’t enough to keep up with rising prices

FortuneFriday, October 24, 2025 at 10:05:52 PM
Social Security payments to go up 2.8% next year while polls show three-fourths of seniors think 3% isn’t enough to keep up with rising prices
Social Security payments are set to increase by 2.8% next year, following a series of adjustments over the past few years. While this increase follows a 2.5% boost in 2025 and a 3.2% rise in 2024, many seniors feel that the 3% increase is still insufficient to keep pace with rising living costs. This sentiment highlights the ongoing challenges faced by retirees in managing their finances amid inflation, making it a significant topic for policymakers and advocates.
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