- The year-over-year increase in CPI-W was 3.1% in June, higher than overall ‘headline’ inflation measured by CPI-U.
- Inflation measured by CPI-W in July, August and September will be averaged and compared to 2017 to determine the Social Security COLA increase for 2019.
- Trends suggest a COLA increase of 3.1% to 3.2% looks likely.
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Here are the numbers I am using to make this projection:
Yes, in this case it was $10,000. I will add to that longer-term position if I see the opportunity. Of…