In 2023, retirees saw a record 8.7% COLA and a more modest 3.2% bump in 2024.
The goal of the COLA is to offset rising prices.
Interviews were conducted online and via phone.
All data are weighted by age, sex, education, race/ethnicity, region, and AARP membership.
For more information, contact Rebecca Perron atrperron@aarp.org.
For media inquiries, contact External Relations atmedia@aarp.org.
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