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Thu Sep 11 2025
Analysts forecast a 2.8% Social Security COLA in 2026. It may not cover expected Medicare premiums, putting seniors more in a bind, they said.
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Spoiler: The average benefit isn't a lot, but you shouldn't be counting on a lot, anyway.
Fidelity reported that 595,000 savers had at least $1 million in their 401(k) in the second quarter of 2025.
Social Security beneficiaries would welcome extra money in the bank from a COLA hike. But some might only be looking at $50 a month or less extra.
With a few months left in 2025, it's a good time to check your 401(k) contributions. Patience and consistency can build wealth.
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