@davejorgenson: What is CoLA and why is it important? The Social Security Cost-of-Living Adjustment (CoLA) is an annual adjustment to help Social Security payments increase as everyday prices rise. When prices for groceries, housing and utilities rise, the same monthly payment buys less. The COLA is intended to help limit that loss of purchasing power.  Around 2033, Social Security will have about 80 percent of the money it needs to make full payments. Congress can address the gap without cuts, including without reducing the annual COLA.  This video is part of a paid partnership with @aarp

Dave Jorgenson 🕺
Dave Jorgenson 🕺
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Region: US
Monday 19 October 2026 15:59:56 GMT
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gavin.wi
Gavin.W :
And for something that might not exist in the future
2026-10-19 17:20:01
49
artobot
🤖 Artobot :
And the chances of us seeing Social Security is slim :S
2026-10-20 00:37:15
0
breezy_ginger
Bryanne🥄 :
But fed employees get nothing
2026-10-19 23:56:37
0
moagsmimi
Betty White :
Payments go up a bit but at the same time the cost of insurance goes up. Therefore the COLA adjustment becomes zero
2026-10-19 17:03:06
33
rudeboybond
UserABunchOfRandomNumbers :
Yeah, that extra $40ish dollars a month isn’t helping me that much
2026-10-20 00:23:34
0
orig84cb
cb :
I hate that the call somewhere in Columbia SC - COLA. like ... ok
2026-10-20 00:45:41
0
rlc2000
rachaelissocial :
So they’ll do this but not raise the national minimum wage??
2026-10-19 20:54:07
2
disgusted_america
Disgusted_American :
We live in a horrible country
2026-10-19 16:26:38
79
senselessbabble
Senseless Babble :
BUT, will Social Security still be able to pay out when Dave reaches retirement age? 🤔
2026-10-19 23:06:19
1
onemomentplzzz
onemoment :
But no federal minimum wage increase for 17 years.
2026-10-19 21:24:57
1
wesley.crider2
ppppppppf :
when your collecting social security... 😂😅🥺😞😭
2026-10-19 21:16:30
1
actuallyabogadomike
Mike D :
Nice RC shout out!
2026-10-19 20:47:53
2
unclemajin
Uncle Majin :
i friggin love RC Cola
2026-10-19 16:49:11
4
goldenpuffss
GoldenPuffss :
But we won’t get that old with what they put in the groceries
2026-10-19 20:06:09
0
book_it_
Book It :
Thanks for trying to explain this to people. I don't get what's hard to understand, but I'm glad this is out there for people that don't get it.
2026-10-19 17:23:35
2
mewithouth
MeWithoutH :
And how much will that be there ….
2026-10-19 20:37:25
0
unclemajin
Uncle Majin :
also great vid love the new character
2026-10-19 16:50:24
8
naurolomion
nauro.lomion :
"You're going to collect social security later, right?" Me: No, it's going to be gutted by the time I'm old enough to collect anything. I'm just subsidizing the welfare and lifestyles of the folks who voted to start the gutting process.
2026-10-19 17:12:25
8
dennari43
Dennari :
glad our increased taxes is helping the elderly and disabled, but that doesnt change the fact that working age people are struggle to afford groceries NOW
2026-10-19 16:38:54
16
borgjorgensen
borgjorgensen :
Social security collection is just theft at this point
2026-10-19 16:32:42
5
verdict_is_vengeance
V :
I nor any millennial will every see social security payments. We will just keep being stolen from to pay for yet another boomer benefit they destroy.
2026-10-19 19:38:16
2
lauraughleigh
UghLeigh :
I bet it costs a lot to feed 3 Daves
2026-10-19 23:26:45
0
uuuuhhh753
uuuuhhh :
Doesn’t even cover the increase in gas let alone food, medicine, rent and everything in between 😂
2026-10-20 00:49:46
0
sunbeam679
CopperMama :
@aarp , thanks for teaming with Dave! He’s the 🐐.
2026-10-19 21:37:14
0
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