2023 Changes to Social Security Benefits, Ep # 268

Published: Oct. 31, 2022, 8 a.m.

There\u2019s big news in the world of retirement. The news is so big that we have 2 articles from mainstream media sources to check out in this week\u2019s retirement headlines segment. If you\u2019ve been wondering how inflation will affect Social Security benefits you won\u2019t want to miss out on this episode.\xa0

Stick around for the listener questions segment to hear how to transition from biweekly paychecks to monthly portfolio withdrawals in retirement. This transition is trickier than you might think, so you won\u2019t want to miss my tips for making\xa0the\xa0adjustment.

Outline of This Episode
  • [2:02] The average Social Security beneficiary will increase by $140 per month
  • [4:52] What is COLA?
  • [9:20] Will you get the increase if you delay filing for Social Security?
  • [10:21] How to manage a monthly payday
  • [13:54] How to get extra credit from your portfolio
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