3 Lessons Learned in 2022 So Far - You're At Retirement | Financial Breakaway Podcast Episode 30
00:01- Intro
01:05 - Observation 1: Inflation hurts retirees more
1:55 – Sidetrack: What is Inflation?
05:00 - What can we learn: Find your own “Personal Inflation Rate”
08:00 - Observation 2: Social Security COLA adjustment isn’t as advertised
10:10 - What can we learn: How to figure out what your NET Social Security COLA really is
13:11- Observation 3: The biggest risk for retirees is happening to people for the first time in a long time = Sequence of returns risk
16:17 - What can we learn: Strategies to protect against this risk