Here at NORA, we’ve been covering speculation and projections about the 2025 cost-of-living adjustment (COLA) for months.

So what’s the likely outlook as we head into the pivotal months before the announcement? The Motley Fool reports via Nasdaq that the next COLA could be in the 2.4 percent range.

While it’s better than nothing, it’s far less than what seniors deserve. In some regards, this increase will set records. But when you look at it objectively alongside the current economy, it’s not enough.

Facts About the 2025 COLA Prediction: Is This the Final Number?

While it’s good to look ahead and analyze what the COLA may be, it’s important to remember this is just a prediction for now.

However, if this is indeed the final number, it’s worth noting that it would break records. If we examine the data, this potential COLA would create a streak where the number rose about 2 percent for the fourth year in a row. This would be the first time this has happened in well over a decade.

However, when we consider the monetary impact of a 2.4 percent adjustment, it’s underwhelming.

Should seniors be grateful? Angry? What’s the right mentality to have? We know that opinions may vary, but one thing is certain — this important program should be prioritized. It’s crucial to ensure seniors aren’t left behind, no matter the state of the economy.

We do encourage seniors to cultivate a mindset of active engagement in this program. Ready to get involved? We need your help! Sign our petition for fair yearly COLAs. There’s still time to get a higher COLA for 2025. Together, we can make retirement better for everyone. For more news like this, follow us on Facebook and Twitter.