Social Security's 2027 Cost-of-Living Adjustment (COLA) Is 3.6%. Here's How That Compares With Today's Best High-Yield Savings Rates.

Social Security beneficiaries will receive a 3.6% COLA increase in 2027, raising the average monthly benefit by about $75. While this is the largest adjustment since 2022, it may not fully cover retirees' actual cost-of-living increases, particularly healthcare expenses. The article recommends retirees maximize their cash flow by depositing benefits into high-yield savings accounts offering rates between 4.2% and 5%.