The Social Security Administration has announced a 3.6% cost-of-living adjustment (COLA) for 2027. This is above average compared with the last 50 years of COLAs, and it's expected to add roughly $75 per month to the typical retirement benefit. That will give the average senior about $900 more per year, but it might be less than what you were hoping for. It's possible you will get a larger benefit boost if your current checks are above average. But if not, you may have to resort to the following moves listed below to pay for what Social Security won't provide next year. Image source: Getty Images.
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