Social Security Cost-Of-Living Adjustment To Be Announced Thursday

If experts' predictions are accurate, it would be the biggest jump since 1981 — adding an extra $146 per month to the average payment.

Inflation has been hitting everyone hard – especially senior citizens.  

"Everything is so high. You know, you can hardly eat," Mattie Rice said. 

And for many of the tens of millions who receive Social Security, their monthly payment isn't cutting it these days.