Blunder # 7 – Failing to Understand Impact of Inflation

Unless you’re a balloon salesman, inflation means trouble. I hate to break it to you but I have to add another ache and pain to aging – inflation. Based on projected increases in the Consumer Price Index, experts in Washington predict that inflation will adversely affect people 62 years and older in the years ahead – mostly due to rising health costs. And that dollar in your pocket will not have the same buying power to purchase medicine or other essentials, twenty or even ten years from now. That’s why it’s so important to have a financial plan in place that ensures your investments are at least keeping pace with the inflation rate. Don’t let inflation, the not-so-silent retirement killer, burst your retirement bubble and cloud your financial future.

Contact Carol »

Subscribe to our mailing list

* indicates required