At the start of 2026, Social Security benefits received a 2.8% cost-of-living adjustment. But even so, you may be struggling to cover your costs on Social Security alone. The Social Security Administration estimates the average Social Security retirement benefit at $2,071 per month. On an annual basis, that's a little less than $25,000 a year. Even if you're someone who tends to live frugally, it's easy to see why those monthly benefits may be falling short. Where to invest $1,000 right now? Our analyst t ...