Social Security's New Cost-of-Living Adjustment (COLA) Is Out -- and Most Americans Think It's Not Enough. What Do You Think?

Contributing sentiments towards policy:

68% : "One great thing about Social Security is that benefits are increased in most years, helping retirees keep up with inflation -- via cost of living adjustments (COLAs).
66% : Social Security is vital for most retirees.
57% : Indeed, per the Social Security Administration (SSA): "Among Social Security beneficiaries aged 65 and older, 12% of men and 15% of women rely on Social Security for 90% or more of their income.
57% : The table below lists some recent Social Security COLAs:Source: Social Security Administration.
52% : How to plan for retirement without relying too much on Social SecurityOf course, if you've earned more than average over your working life, you'll likely collect bigger-than-average benefit checks.
52% : And don't expect Social Security to provide most of your retirement income because it probably won't -- and you probably don't want it to, either.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.