1.
7 Tips For Fighting Inflation - How To Prepare For And Survive
Retirement In A Down Economy
Inflation is one of the greatest eroding factors of your money.
It can destroy any retirement plan if not
addressed early in the planning process.
Make no...
More
1.
7 Tips For Fighting Inflation - How To Prepare For And Survive
Retirement In A Down Economy
Inflation is one of the greatest eroding factors of your money.
It can destroy any retirement plan if not
addressed early in the planning process.
Make no mistake about it, when you combine market losses
with inflation, you have a toxic mix.
As you get older and closer to retirement, you become more vulnerable to inflation.
However, the
effects of inflation over a lifetime can be devastating for anyone.
When you consider that the average
American male age 50 has been subject to an average inflation rate of over 4% in his lifetime, that
means that $1,000,000 in an account would spend like $134,111 would have when they were born.
That is a total loss of $865,889 to inflation!
You ve probably noticed that your regular trip to the grocery store is costing you more lately, what will
it cost when you retire? Maybe you have already retired and you are being affected by other costs like
medici
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