Sen. Bernie Sanders’s (I-VT) lagging fundraising during the final quarter of 2023 could be an indication that the longtime Democratic socialist icon may be getting ready to retire.

Sanders has said in recent days he’ll soon decide whether to seek a fourth term in the Senate, and his office did not respond to the Washington Examiner’s request for comment. Yet the independent senator had one of his worst fundraising quarters in three cycles, raising about $535,000, according to his campaign finance report that came out this week. His campaign also reported spending about $75,000 more than it was bringing in.