Fall is all about change — and nothing says change like the topic of the 2023 Social Security COLA.
Especially for retirees and seniors, the Cost-of-Living-Adjustment, or COLA, is a top interest around this time of year. The announcement comes in October, and we’ve been asking NORA readers to give their predictions about the news.
We hope it’s what seniors deserve, and we’ll keep fighting to make it so. But as for the present, the fall season has seniors seeing things differently. This isn’t just about seeing the beautiful pallet of colors from fall’s artistry. It’s about looking ahead, and seeing how the COLA could come in handy.
Why the Fall Season is an Exciting and Pivotal Time
Fall gives us plenty to look forward to. The aforementioned aesthetics are just one. Halloween and Thanksgiving are fun and delicious occasions. And not far after, winter holidays and a new year await us.
The cooling temperatures also mean it’s a great time for travel — especially for retirees. With everyone else in class or on the clock, you can enjoy shoulder season with plenty of space and silence.
But the travel, the food, and the decor all come with a cost. Even though the 2023 Social Security COLA won’t be here until next year, knowing what to expect helps with longer-term budgeting. Where could you use some extra money? Could you splurge as the year winds down?
As the year nears its final few months, the value of the COLA becomes clearer. Along with concerns of rising energy bills and grocery costs, it’s this season when people look closer at their spending. If you want to see your Social Security payment move up consistently, we need your help.
Remember Retirement Beyond the 2023 Social Security COLA
As next year’s COLA announcement nears, we remind seniors that the process for being prioritized in Washington is an ongoing commitment. We’re here to constantly spread the word about the need for yearly COLAs and reimbursement for years skipped.
Support our cause? Sign our petition here, then follow us on Facebook and Twitter.
