Social Security Benefits Set to Rise in 2025!

I'm sure you've heard the news Social Security benefits are getting a boost in 2025 that's right folks Social Security benefits are projected to rise by 2.57% in 2025 sounds like small potatoes but let's break it down if you're getting the average monthly benefit of $1,840 that's an extra $47 in your pocket thinking of it as a monthly coffee upgrade from a regular Brew to a fancy latte but wait there's more the actual increase could change by October when the final numbers are announced so hold off on buying that yacht just yet and a quick myth buster here delaying your retirement won't give you a higher Cola whether you retire this year or next the adjustment gets calculated the same way just keep an eye on those Medicare Part B premiums they have a sneaky way of eating into your rays so there you have it a small bump that might make a big difference until next time keep those retirement dreams Alive and Kicking