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This video discusses four of the most important changes coming to Social Security in 2023. These changes are positive for retirees, but with a catch... that catch is that they involve improvements to Social Security benefits and limits but they may not fully capture the real reasons for the increase and therefore undershoot the mark. LIKE & SUBSCRIBE for new videos twice a week / holyschmidt FREE Retirement Ready Checklist: https://HolySchmidt.com/Checklist/ Holy Schmidt Book Club: https://holyschmidt.com/book-club/ Important Links: Follow Me on Instagram: / the_schmidtlist Geoff's Facebook Page / geoffreymschmidt Federal Reserve Board Survey of Consumer Finances: https://www.federalreserve.gov/econre... Social Security Administration Application for Benefits https://secure.ssa.gov/iClaim/rib Current Social Security Cost of Living Adjustment https://www.ssa.gov/cola/ Social Security Payment Estimator https://www.ssa.gov/benefits/retireme... THE CHANNEL’S MOST POPULAR VIDEOS Should You Take Social Security at Age 62 and Invest it? • Should You Take Social Security at Age 62 ... 7 GOOD REASONS to File for Social Security Benefits at Age 62 • 7 GOOD REASONS to File for Social Security... Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!? • Average Retirement Savings by Age 60. Are ... The BEST AGE to File for Social Security Retirement Benefits • The BEST AGE to File for Social Security R... 3 Social Security "Little Known Facts" That Are REALLY Important • 3 Social Security "Little Known Facts" Tha... Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.