Even in the best-case scenario, retired workers may be disappointed with Social Security's 2026 cost-of-living adjustment (COLA).

Seniors may see only a small bump in Social Security next year. The Senior Citizens League (TSCL) expects a 2.7% cost-of-living adjustment (COLA) for 2026, while inflation is still close to 2.9%, leaving little real gain.

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.

The non-partisan Senior Citizens League, an advocacy group, tracks inflation data during the year to keep Social Security recipients updated on potential COLAs for the new year. Based on inflation data from August that was released in September, the group thinks 2026's COLA will amount to 2.7%. This is the same projection it put out a month prior.

The Social Security Cost of Living Adjustment (COLA) aims to shield benefits from inflation. However, a higher COLA often signals underlying issues that threaten retirees' financial stability.

Learn which Social Security recipients could benefit most from a COLA boost, from fixed-income retirees to survivors managing rising health care costs.

The Social Security Administration will announce next year's cost-of-living adjustment (COLA) on Oct. 15. Based on recent inflation data, that COLA is estimated at 2.7%. If the cost of Medicare Part B rises, it could leave Social Security recipients with a lot less money.