Social Security COLA
From the Motely Fool:
Next year's COLA will be 3.2%
In early 2024, seniors on Social Security will see their benefits rise by 3.2%. Clearly, that's a far cry from the raise they received at the start of the current year. But let's also give that raise some context.
While it's not as robust as 8.7%, it's worth noting that in recent years, we've seen COLAs that have been much smaller. Since 2008, in fact, seniors have had three years with no COLA at all. And in 2021, Social Security recipients only got a 1.3% boost. So by comparison, 3.2% doesn't seem so terrible.
Yes---I wish I had had all the monies paid in----but that wasn't the deal 
I resist doing comparative analysis, that is pointless.
At the end of the day I think this is a pretty good benefit---for most of us. Could we live on it--no, but it is a pretty good help. Where I think it really falls apart is for those who, for whatever reason, paid little into SS. 
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...Ben
Originally Posted by Truckman
...Ben
