diff --git a/Dockerfile b/Dockerfile
index 21d54b4..6456a62 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-FROM python:3.8.5
+FROM python:3.9.0
 ENV PYTHONUNBUFFERED=1
 WORKDIR /code/
 COPY requirements.txt .
diff --git a/docker-compose.yml b/docker-compose.yml
index 86931b8..92c0180 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -1,9 +1,9 @@
-version: "3.7"
+version: "3.8"
 
 services:
 
   db:
-    image: postgres:12.3-alpine
+    image: postgres:13-alpine
     environment:
       POSTGRES_DB: "financeplanner_db"
       POSTGRES_USER: "financeplanner_user"
diff --git a/requirements.txt b/requirements.txt
index 8c1a3e9..74704e5 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1,4 +1,4 @@
-django==3.1.0
-psycopg2-binary==2.8.5
+django==3.1.3
+psycopg2-binary==2.8.6
 uwsgi==2.0.19.1
 python-dateutil==2.8.1