Showing 11 results of 111
Jan 23 2023
Many consumers struggling to make ends meet amid inflation are reducing retirement saving and health care, which can have disastrous results later in life....
kiplinger.com
Jan 15 2023
submitted by /u/Mmoskie[visit reddit] [comments]...
nogurusuccess.com
Jan 11 2023
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financial-planning.com
Jan 08 2023
Between stubborn inflation, a falling stock market, and a looming recession… There’s no shortage of headwinds to grow your nest egg in the New Year! Learn five specific ways you could pro...
bossretirement.com
Jan 05 2023
When planning retirement, you need to somehow prepare for many different kinds of unpredictable possibilities – inflation rates, stock market fluctuations, and the prospect of a long-term care n...
newretirement.com
Dec 19 2022
The Inflation Reduction Act has passed the US Senate and is slated to pass in the house. In its earlier form as the “Build Back Better” plan there were many significant impacts to tech wor...
andrenader.substack.com
Sep 22 2022
Sept. 22, 2022 — Thanks to the pandemic, the Russian invasion of Ukraine, and other factors, inflation is raging here in the U.S. and everywhere in the world. While early estimates are the 2023 ...
topretirements.com
Jun 21 2022
During our recent discussion on Inflation, a Badass reader stopped by and caught my attention by dropping the following block of wisdom into the comments section: “A final note if you are worr...
mrmoneymustache.com
Apr 19 2022
With the most recent CPI data coming in at 8.5% over the prior year, there's been a lot of talk online about inflation and it's impact on your finances. Unfortunately, one of the most common arguments...
ofdollarsanddata.com
Mar 10 2022
Reducing expenses is a good way to deal with inflation. Here are 23 tips to make it a little easier to cut costs....
newretirement.com
Jan 11 2022
I’ve been writing about money for almost eleven years now, and in that time the world has become an immensely richer place. Here in the US, our economy has grown by about 25% even after inflation, w...
mrmoneymustache.com
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Inflation can have an impact on retirement planning, as it can affect the purchasing power of retirement savings over time. For example, if you are saving for retirement and expect to receive a certain amount of income from your savings in the future, but inflation is rising, the purchasing power of that money may be reduced by the time you retire.
To account for the effects of inflation on retirement savings, it may be helpful to use an inflation-adjusted retirement calculator or to invest in assets that are expected to increase in value over time, such as stocks or real estate. It may also be advisable to save more for retirement than you initially think you will need, in order to ensure that you have enough money to maintain your desired standard of living in retirement, even if inflation rises.
It's also important to consider the impact of inflation on your retirement income sources. For example, if you are planning to rely on Social Security benefits in retirement, those benefits may be adjusted for inflation through the Cost of Living Adjustment (COLA). However, the COLA may not fully keep up with the rate of inflation, meaning that the purchasing power of your Social Security benefits may still decline over time.
It's a good idea to regularly review and update your retirement plan to ensure that it takes into account any potential impacts of inflation.