Elderly couple reviewing documents in a park, symbolizing retirement planning and Social Security COLA impact.

Decoding the 2025 Social Security COLA: What a 3.2% Increase Means for Retirees

The projected 3.2% Social Security Cost-of-Living Adjustment (COLA) for 2025 is a crucial factor for retirees, directly influencing their monthly benefits and ability to keep pace with rising living costs.