2023 Social Security COLA Is Huge: Traditional Retirees Rejoice!

I don’t know if you’ve heard, but the 2023 Social Security COLA (Cost Of Living Adjustment) is a whopping 8.7%! This increase is both huge and head-scratching. The 2023 Social Security COLA is huge because inflation peaked in June 2022 at 8.9%. The latest January 2023 CPI came in at 6.4%. Therefore, traditional retirees will

The post 2023 Social Security COLA Is Huge: Traditional Retirees Rejoice! appeared first on Financial Samurai.

Previous post Data Update 6 for 2023: A Wake up call for the Indebted?
Next post Combatting Inflation Is Straightforward But Not Easy