Congratulations to everyone planning to retire in 2022! This is the moment you have waited and worked so hard for, and we hope it is everything you have planned it to be. But as the big day draws closer, you may find yourself waffling between excitement and nerves. Don’t fret — if you’re retiring in 2022, we have an at-a-glance guide for what you need to keep in mind to make this transition as smooth as possible. Keep this article on hand for when retirement gets closer! For starters, Social Security income is increasing. The Social Security cost of living adjustment (COLA) is jumping nearly 6% in 2022. That means retirees at age 62 and older can live a little more comfortably, which can offer greater peace of mind for new retirees. It’s not uncommon for new retirees to experience some early panic as they start this new chapter without Retiring in 2022? What You Need to Know!
TAKE A BREAK
the traditional income they have received from a job for decades. However, this is what we plan
for. Your savings will help you live the lifestyle you want, and this COLA just gives it a boost.
Crispy Fish With Brown Butter Sauce Inspired by BonAppetit.com
Then, consider your health insurance. If you’re retiring before the age of 65, you may have to consider purchasing supplemental insurance to cover your medical, vision, and dental expenses until you are
INGREDIENTS
• 1 tbsp olive oil • 4 5-oz Chilean sea bass or salmon fillets, skin-on • Salt and pepper, to taste • 6 tbsp unsalted butter, cut into pieces
• 1/2 cup blanched
old enough to enroll in Medicare. Even so, some components of health care are not covered under Medicare, such as dental work. You may still need supplemental options after enrolling in Medicare. Discuss these options with your partner or a trusted Medicare expert. (We can help you, too!) Finally, start planning now. You have your financial house in order. (By partnering with Patriot Wealth, you are far ahead of many others who retire without a retirement plan.) However, have you considered what you will do in retirement? Do you have a backup plan or other dreams you can focus on, too? Retirement is a big change, and while it’s something many people anticipate, few take the time to create tangible plans. Write down your goals and prepare for the emotional part of retirement before it happens. If your pending 2022 retirement has you nervous, let’s chat about it. We want to help you feel confident about this exciting next step.
hazelnuts, chopped
• 2 tsp lemon juice • Lemon wedges, for garnish
DIRECTIONS
1. In an unheated skillet, add oil. Season fish with salt and pepper, then add to skillet (skin-down). 2. Heat the skillet to medium and cook for 4 minutes. With a spatula, press each fillet down, rotating between fillets every few seconds. When the skin begins to crisp, stop pressing and cook 8–10 minutes, then flip and cook for another minute. Remove the fish. 3. Wipe the skillet clean and return to medium heat. Add the butter and hazelnuts. Heat, swirling continuously, until butter foams and browns. Remove from heat. 4. Stir in lemon juice and season to taste. Pour over fish, garnish, and serve with salad.
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