In reality, many older American end up retiring on Social Security alone. And people in that boat unfortunately risk a world of financial hardship -- especially when Social Security benefits don't rise very much from one year to the next.

Millions of retirees who receive Social Security benefits will see a 2.5% cost-of-living increase to their monthly checks beginning in January

Social Security recipients will see a 2.5 percent bump as part of their cost-of-living adjustment (COLA) for 2025. The increase announced on Thursday marks the smallest in years and is in line

As inflation continues to challenge retirees, is the latest cost-of-living adjustment enough to safeguard your financial stability?

New York — Tens of millions of older Americans will see an increase in benefits this January when a new cost-of-living adjustment is added to Social Security payments.

A recent survey from the Motley Fool shows 50% of retirees have considered going back to work to make ends meet.

All Social Security checks will get a 2.5% boost next year, thanks to the 2025 COLA. The way the government adds this to your checks is a bit complicated, but you can get a good approximation by adding 2.5% to your existing checks. In the case of the $910 average spousal benefit, the COLA will add about $23, bringing it to $933 per month.