Every October, the Social Security Administration (SSA) announces how much more seniors will receive from the government program the next year due to inflation. The COLA for 2025 will be 2.5%, which is a big step down from the increases received for the last three years.

A recent survey from the Motley Fool shows 50% of retirees have considered going back to work to make ends meet.

The Social Security Administration (SSA) recently announced the upcoming cost-of-living adjustment (COLA) for 2025, and many retirees feel discouraged by it. Next year's adjustment will be 2.5%, the lowest since 2021.

Those receiving spousal benefits can expect to receive the same increase the primary spouse receives to their retired worker benefits.