Social Security and Medicare are slowly running out of money, but what does that mean for the retirees counting on them? Actually, it's not all bad news.

This big adjustment that will hit the Social Security program in 2025 will impact Medicare and the amount that beneficiaries receive.

Key Points Social Security benefits got a 2.5% COLA in 2025. That raise is already trailing inflation. If you’re struggling, it may be time to rethink your spending, downsize, relocate, or go back to work.