The Social Security Administration has announced a cost-of-living adjustment (COLA) of 2.8% for 2026, impacting millions of retirees and beneficiaries. This increase translates to an average monthly boost of $56 for Social Security recipients. Despite the adjustment, some beneficiaries express concern that the raise may not sufficiently keep pace with rising living costs. The COLA announcement, which faced delays due to a government shutdown, is seen as a modest relief amidst ongoing economic challenges. As inflation continues to squeeze seniors, discussions about the adequacy of this increase and its impact on financial well-being are gaining attention.