Inflation: The Retirement Thief

40% of Americans are projected to run out of money during retirement. Imagine your retirement nest egg, saved and planned for, just not being enough! This can happen with poor planning. Poor planning comes from not knowing exactly how to prepare for retirement. There are numerous risks to your retirement portfolio. Inflation risk is the threat that will always have an impact no matter when you retire.

Inflation is the stealthy thief that quietly erodes the value of your hard-earned money. 🦹🏽

The Mistake: Not thinking about the thief 🧠

Thinking of retirement in today’s costs is where people shoot themselves in the foot. This is an easy mistake to make. We know inflation is a factor but nobody takes time to think: Exactly how much will life cost in the future?

Without a clear picture of what future costs will be, its difficult to put a plan in place that will ensure you have enough.