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  3. November 2022

November 2022

Social Security Facts for 2022

Submitted by SY Financial Group on November 7th, 2022

Approximately 70 million retired Americans collect Social Security benefits. Of those retirees, 8 million also collect Supplemental Security Income (SSI). But Social Security is more than retirement income. It also provides life insurance and survivor benefits.

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The New Normal Retirement

Submitted by SY Financial Group on November 7th, 2022

It’s believed that retirement planning as we currently know it didn’t really exist until a few decades ago. Up to that point, people worked until 65 and then sailed into retirement on a pension plan.

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Preparing for Lifetime Income in Retirement

Submitted by SY Financial Group on November 7th, 2022

There was a time when old retirement planning models like “the 70 percent rule” were more common. This rule stated that a retiree only needed 70% of their pre-retirement income to live comfortably in retirement. These “rules” may have worked for some retirees several decades ago but can be dangerously flawed in today’s new normal retirement.

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Asset Allocation and Risk Allocation

Submitted by SY Financial Group on November 7th, 2022

With current market instability, inflation, and rising interest rates, more people are becoming acutely aware of the risks of investing. Financial markets are commonly known for their up-and-down nature, also known as market risk. Some people go into the market with higher expectations than others, but those expectations often come with an equal amount of risk.

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Recent Blog Posts

  • Social Security Facts for 2022
  • The New Normal Retirement
  • Preparing for Lifetime Income in Retirement

Archived Blog

  • November 2022 (4)
  • November 2020 (4)
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