How to Build a Retirement Income Plan That Lasts Through a High-Inflation Decade
If you haven't planned for inflation, and possibly high inflation, your nest egg's purchasing power could shrink alarmingly.
How to Build a Retirement Income Plan That Lasts Through a High-Inflation Decade
Overview
If you're not factoring inflation into your retirement planning, you'll be kicking yourself years down the road. Even if inflation remains around average -- very roughly 3% -- for the coming 25 years, that's enough to cut the purchasing power of your nest egg in half.
Each of us should be planning for some level of inflation as we navigate our financial futures. And to play it safe, you might want to plan for high inflation, too.
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Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
