Your 2027 Social Security COLA: Suppose it's 4.7%

 Given the surging inflation, it's not unthinkable that your 2027 Social Security retirement COLA could hit 4.7% or even more.

I had ChatGPT look at that. Let's assume your current monthly payment is $2,071. That's the current average. With the 4.7% boost here are the numbers, calculated with AI:

The new average monthly benefit would be approximately $2,168 per month.

  • Monthly increase: about $97.34
  • Annual increase: about $1,168.08 ($97.34 × 12).
Other good news is that in some locations rent increases have halted. Those I speak with in the midwest gleefully share that their landlord hasn't boosted the rent at lease-renewal time.

Also, folks get it that groceries are expensive. It's back to BYO when coming over for whatever. In hosting your Super Bowl party you might not have to be set back hundreds of dollars. Just mention that guests can bring over a dish and beverages. 

In coaching I guide clients on the new frugality. Yes, it's proper to ask those you give rides to contribute gas money. 

Careers? So Over. It’s about Earning a Good Living. No matter what.

Complimentary consultation. No Pressure. Street-smart Guidance. Contact Jane Genova janegenova374@gmail.com.


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