Projecting Your 2023 COLA During Rapid Inflation: Is This New COLA Projection Impacting Your Retirement Plans?
Inflation is going up fast. So are the 2023 COLA estimates. Will this influence your decision about when to retire?
Stay informed on the latest COLA updates for federal retirees, including annual Cost‑of‑Living Adjustment announcements, calculation methods, and policy changes that affect retirement income under FERS and CSRS. Explore clear explanations of how COLA percentages are determined, historical trends in federal retiree COLAs, and the impact of inflation on long‑term financial security. Find timely analysis, legislative developments, and expert insights to help federal retirees understand how annual COLA changes influence their purchasing power and overall retirement planning.
Inflation is going up fast. So are the 2023 COLA estimates. Will this influence your decision about when to retire?
Anticipating a big 2023 COLA? The CPI-W is now up 9.4% in one year based on inflation data from March 2022.
What is the latest 2023 COLA prediction? If federal employees plan to retire in 2022, will they get the 2023 COLA?
With a significant differential between a COLA and pay raise in 2022 and 2023, many federal employees are likely to retire. Here is why.
The 2022 COLA was 5.9%—the largest in 40 years. The CPI-W for February is up 8.5% in 12 months. Will the 2023 COLA go even higher?
How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.
Inflation is soaring. How does the inflation rate compare to 45 years of pay raises and COLAs?
Are the retirement decisions by federal employees impacted by politics and policy decisions?
New data show a 40-year inflation surge in consumer prices further eroding recent salary and COLA increases.
The inflation rate measured by the CPI-W went up 7.8% in 2021 reducing purchasing power of the 2022 COLA and pay raise now in effect.