There’s a new forecast of the Social Security boost retirees should expect in 2027 - and it’s a huge disappointment for the millions of Americans who depend on their bi-monthly benefit checks... Older Americans absolutely rely on this so-called ‘cost of living adjustment’ or COLA, since more than 40 percent of them depend on Social Security alone for all of their retirement income. The new estimate of the forthcoming official 2027 cost-of-living adjustment shows the average Social Security benefit check will only rise by $56, or roughly 2.8 percent. The average benefits check for retired workers would increase to $2,081...