Social Security Benefits Aren't Enough to Live On. The 2026 Raise Won't Change That.

Key Points An increase in Social Security benefits is coming in 2026. However, these retirement benefits are not enough to live on. Retirees will want to focus as well on having other income sources. The $23,760 Social Security bonus most retirees completely overlook › Many Social Security recipients are eagerly awaiting news of the cost-of-living adjustment (COLA) they are on track to receive in 2026. COLAs help to ensure that people who use the program as an income source lose less buying power ...