#045 - Will the 8.7% 2023 Social Security Cost of Living Adjustment apply to me?

20/10/2022 33 min
#045 - Will the 8.7% 2023 Social Security Cost of Living Adjustment apply to me?

Listen "#045 - Will the 8.7% 2023 Social Security Cost of Living Adjustment apply to me?"

Episode Synopsis

Summary of Social Security Cost of Living Adjustments (or "COLAs") and whether the recently announced 2023 COLA of 8.7% will apply to you (spoiler alert...it doesn't apply to everyone!)Links in this episode:Monthly Consumer Price Index ("CPI") values from the Bureau of Labor Statistics - hereYouTube video - Calculating Your Social Security Primary Insurance AmountYouTube video - Introduction to Social SecurityYouTube video - When to Start Social SecurityFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Newsletter - Retirement Planning Insights

More episodes of the podcast Retirement Planning Education, with Andy Panko