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View Poll Results: What % of your retirement income streams (by $ amount) have a COLA benefit?
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80% and up
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20 |
42.55% |
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50%
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9 |
19.15% |
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20%
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11 |
23.40% |
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What kind of cola are we talking about?
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7 |
14.89% |
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Poll: COLA~ What % is Yours?
12-26-2015, 01:24 PM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2004
Location: South Texas~29N/98W Just West of Woman Hollering Creek
Posts: 6,674
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Poll: COLA~ What % is Yours?
2016 will be yet another year that a COLA benefit figures to be zero.
If you receive income streams monthly (SSA, pension, disability etc), what percent of that money (by amount) is subject to COLA?
__________________
Part-Owner of Texas
Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. Groucho Marx
In dire need of: faster horses, younger woman, older whiskey, more money.
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12-26-2015, 01:39 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Williston, FL
Posts: 3,925
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It all depends on what is considered COLA...
VA Disability, current, 5% = Yes COLA
Rental Income current 50% = Generally yes COLA
Dividends current 20% = Generally yes COLA
Mega Corp pension at 65 = 10% No COLA
SS at 70, 15% Yes COLA
__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
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12-26-2015, 01:42 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Dec 2014
Posts: 2,511
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I think I get Ginger Ale
I'm too far from taking SS to have a clue what it will be like when I get there. At this point I don't really have a good handle on what my income stream is... have not been getting a pay check since last Feb.
Not sure if picking up change off the street has COLA or not
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12-26-2015, 01:56 PM
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#4
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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 Quote:
Originally Posted by mickeyd
2016 will be yet another year that a COLA benefit figures to be zero.
If you receive income streams monthly (SSA, pension, disability etc), what percent of that money (by amount) is subject to COLA?
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We receive SS so 100% is subject to a COLA.
We have no other income streams that are applicable to receiving a COLA.
__________________
*********Go Yankees!*********
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12-26-2015, 02:28 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2009
Posts: 9,343
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My pension which is my source of funds is COLA'd. The ironic part was up to 3 years ago it was CPI from July to July maximum 5%. They changed it to automatic 2% if CPI was higher than zero, but no more. They did this as a cost savings to pension fund, but in the first 3 years we have actually received bigger COLA's because it has barely been scraping above 0%. This past year we got a 2% because CPI was 0.12%. I get COLA and then immediately hand it all over to the health insurance company.
Sent from my iPad using Tapatalk
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12-26-2015, 02:55 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Dec 2005
Location: Lake Livingston, Tx
Posts: 4,204
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81% of retirement income COLA'd, if you consider IRA withdrawal to be COLA'd. I did as it is based on keeping up with inflation.
If you discount the iRA it is about 62%.
__________________
If it is after 5:00 when I post I reserve the right to disavow anything I posted.
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12-26-2015, 02:55 PM
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#7
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Recycles dryer sheets
Join Date: Nov 2013
Posts: 233
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100% of our annual living expenses, including health insurance.
SS and govt. pension.
Our portfolio is gravy.
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12-26-2015, 03:36 PM
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#8
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,501
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I have my FERS pension and Social Security, which add up to about 30% of last year's AGI. SS is fully COLA'd, and as most of us know FERS is Diet-COLA'd.
The closest option was 20%.
Most of my income comes from investments.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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12-26-2015, 03:48 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Jul 2004
Posts: 1,434
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I put 50% but it is 84% if you don't separate full CPI from a diet CPI increase. My CPI-1 increase is from the largest component of my COLA-ed income. Only my husband's state government pension is non-COLA; our SS is full COLA and my federal pension is diet COLA.
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12-26-2015, 03:58 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,895
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I'm more of a Dr. Pepper, do it yourself guy.
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
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12-26-2015, 04:10 PM
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#11
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Moderator Emeritus
Join Date: May 2007
Posts: 12,901
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0% until SS kicks in.
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12-26-2015, 04:28 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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We are still a couple of years from even early SS. If we take SS early, then 40% of our income is COLA'ed. If SS is delayed till 70, it will be about 70%.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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12-26-2015, 04:57 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2008
Posts: 12,660
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How do dividends qualify for a COLA? 
Companies aren't required to raise their dividends at all, let alone in accordance with any CPI measures.
Quote:
Originally Posted by Senator
I
Dividends current 20% = Generally yes COLA
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__________________
If you understood everything I say, you'd be me ~ Miles Davis
'There is only one success – to be able to spend your life in your own way.’ Christopher Morley.
Even a blind clock finds an acorn twice a day.
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12-26-2015, 06:25 PM
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#14
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Recycles dryer sheets
Join Date: Oct 2011
Posts: 83
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Quote:
Originally Posted by FIREd
0% until SS kicks in.
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Ditto
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12-26-2015, 07:41 PM
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#15
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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DH's SS income and our rental income are COLA. (Well - rent is periodically cola'd - we try not to jack up rent on our good tenants... but instead on tenant turnover we up it to full market.)
It will increase when I go on SS in 10+ years. My small corporate pension is non-Cola.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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12-26-2015, 08:24 PM
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#16
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Recycles dryer sheets
Join Date: Aug 2013
Posts: 484
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When I was w**rking cheap whisky and cola was my goto, but now that stress induced desire for alcohol is gone, quality bourbon with no cola is my fave. So 0% cola for me.
Oh yeah, and those pensions got no cola either.
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12-26-2015, 08:24 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2003
Location: Kansas City
Posts: 7,968
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Ballpark 20% all early SS. Non -cola pension. And the 20% is gonna drop if I start spending all my RMD.
heh heh heh - 
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12-27-2015, 07:11 AM
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#18
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Thinks s/he gets paid by the post
Join Date: Feb 2007
Posts: 3,681
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DHs pension has a 3% COLA. It's fixed at 3% of his initial pension payment. He's been retired over 5 years so his pension is now 15% more than in year 1. Being that the COLA is the same every year it's now 3% of about 87% of his current pension payment.
Yeah Mulligan, it goes right to the large increase in health insurance. None of our other expenses fluctuate like that one.
We are very grateful to have the COLA. His pension system has already changed the COLA for more recent retirees. Now it's tied to an index and can be 0% to a maximum of 3%.
Happy to be a dinosaur.
__________________
Married, both 69. DH retired June, 2010. I have a pleasant little part time job.
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12-27-2015, 07:43 AM
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#19
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Recycles dryer sheets
Join Date: Nov 2014
Location: Beautiful UP
Posts: 243
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We are very lucky to have CSRS and SS(in 2018 assuming I wait till then).
We come in at 70% of our spending goal beginning in 2018. That goal is 110% of our present spending.
The COLA'd figure will be 90% of our 2018 estimated income stream. We are very fortunate. Hopefully the investments will have their own form of COLA to make up the difference we need .
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12-27-2015, 08:55 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Posts: 2,796
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Why isn't there a zero option in the poll? I think most of us would be at zero except for SS. I have zero cola. My income is from company pension and interest on CD's, plus annual Roth conversion. Zero cola on all that. Prefer RC cola when available. 
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