The Social Security cost-of-living adjustment, or COLA, added 2.5% to Social Security benefits in 2025. However, as Certified Financial Planner® Matt Frankel explains in this video, this might not be quite enough to help American retirees keep up with the rising cost of the goods and services they need the most.

*Stock prices used were the morning prices of Jan. 24, 2025. The video was published on Jan. 25, 2025.