It’s all about asumptions and changing circumstances. Unfortunately when the press reports on something like Social Security it doesn’t bother delving into the actuarial assumptions
Tag: Social Security COLA
Be careful who you believe
The projection of a 2023 COLA at 8.6% is based on questionable assumptions. As I posted a few days ago based on where the CPI-W
Social Security 2023 COLA Update 7.3%
The CPI-W for the month of May was 288.022. That indicates a 2023 COLA of 7.3% if that rate holds for the third quarter. Here
The CPI doesn’t consider … for the Social Security COLA
I often hear the claim that the CPI – U or W does not include certain items and thus is not reflecting real cost increases.
