To change your password in current versions of WordPress:
- In the Admin Panel menu, go to the upper right corner where it says “Howdy, Your Name”.
- Scroll down and select “Edit My Profile”.
- Under the “About Yourself” section, you’ll see a prompt for “New Password”.
- Click “Set New Password” and copy the auto-generated password to a safe place.
- Select the “Update Profile” button at the bottom of the page.
Your new password takes effect immediately.