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Navigating the Future: In a Constantly Changing World

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World is Constantly Changing: Identifying Opportunities The World is Constantly Changing The world is constantly changing.  Retirees need to keep up with new trends to ensure their retirement is secure, identify opportunities, and truly golden.    World is Constantly Changing: INFLATION AND COST-OF-LIVING  Inflation diminishes purchasing power as prices increase.  Inflation and rising prices impact the cost-of- living.   Although social security payments are adjusted for inflation, medical care cost usually rise at much greater pace than the overall inflation rate.  In 2022 medical care costs increased at a lower rate than inflation. However, retiree’ medical care costs will increase even more. Call to Action:    1. Identify additional sources of income.   This may include part-time work or side hustles that involve hobbies you enjoy.   (See the Blog titled: "Personal Fulfillment - Embrace the Possibilities and Add to Your...