2024 Social Security Cola Forecast. The current estimate for the 2025 cola is 2.7%, according to mary johnson, an independent social security and medicare analyst formerly with the senior citizens league, a. In june 2024, the average retired worker received $1,918 from social security.

How would a 3.2% cola impact social security checks? In 2023, the social security administration indicated the cola would increase by 3.2% in 2024.