Inflation is at 40 year highs and every American is feeling the impact. Fortunately for retirees, the Social Security Administration is ramping up efforts to make sure that benefits keep pace with the rising cost of goods and services for seniors. We are currently on pace for an 8.3% COLA in 2022.
It is important to make sure your investments are keeping pace with inflation as well. If you feel that your investments are not meeting your needs or just want a second opinion to make sure you are on the right track, we can help.