Your 2027 Social Security Raise Is 3.6%. Medicare’s Bite Is Smaller Than the Headlines Say.
Every October, the same headline shows up: your Social Security raise is coming, and Medicare is going to eat it. This year the raise is 3.6%, announced October 14, and the headline is already back. I ran the numbers, because that’s apparently my hobby now. The average retired worker gets about $75 more a month, …