Tuesday, July 27, 2021

Why You Don’t Need to Stress About Inflation in Retirement

Will inflation of basic expenses make life unaffordable by the time you retire? This is a concern of nearly half of the Americans surveyed by Allianz. 

Interestingly, the survey revealed that adults who are now retired have a more positive outlook about inflation compared to those who have yet to start their retirement. For example, two-thirds of adults who have yet to retire think inflation will negatively impact their quality of life, compared to 40 percent of those who are retired.

According to this article in Forbes, we should listen to the those who are retired and stress less about the impact of inflation on our eventual retirement. They’ve outlined three reasons retired adults worry less about inflation and why we should follow suit. For one, the lifestyle you’re envisioning for your retirement is likely very different than what it will be. Why that is, along with the other two reasons are up now over at Forbes.com.

Read more:

Financial Wellness Puts Healthy Aging Within Reach Through Savvy Money Strategies

Plan Well When Passing Down the Family Cottage to Avoid Financial Headaches

Welcoming A Fresh New Financial Start When Divorce Happens After Age 50

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