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Social Security will rise 3.6% in 2027. The household budget is the harder test.
The confirmed adjustment adds about $75 a month to average retirement benefits. Medicare costs, heating bills and a separate financing shortfall complicate what that means.
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- 3.6%2027 Social Security cost-of-living adjustment
- About $75Estimated average monthly retirement-benefit increase
- January 2027Higher Social Security benefits expected to begin