Browsing Tag
Inflation
113 posts
Inflation is the rate at which the general level of prices for goods and services rises over time, reducing the purchasing power of money. It means that each unit of currency buys fewer goods and services than before. Inflation is usually measured as an annual percentage and can result from increased demand (demand-pull), higher production costs (cost-push), or expansion of the money supply. Moderate inflation is normal in a growing economy, but high or unpredictable inflation can hurt savings, investments, and overall economic stability, while deflation (the opposite) can also be harmful.
As High Inflation Enters Third Year, Americans Rethink Retirement
A survey released today by MFS finds 60% of workers are reshaping their thinking around retirement
2024 Social Security COLA Watch: Latest Forecast Steady at 3%
July inflation data didn’t move the needle for The Senior Citizens League’s monthly cost-of-living prediction in advance of October’s official announcement
401(k) a ‘Must-Have’ Benefit for Job Seekers: Schwab Study
3 in 4 would refuse a new job it doesn’t come with a defined contribution retirement plan, wide-ranging Charles Schwab survey finds
Investors Expect Inflation to Normalize by End of Year
A quarterly survey by Morgan Stanley Wealth Management finds over half of investors believe inflation will reach normal levels by the end of 2023
7 Eye-Opening Findings from Bankrate’s 2023 Emergency Savings Report
Most adults “uncomfortable” with the amount of emergency savings they have, new annual report shows
2024 Social Security COLA Tracker: Latest Estimate Dips Below 3%
With inflation at its lowest point since March 2021, The Senior Citizens League revises next year’s cost-of-living adjustment projection to 2.7%
Millennials, Gen Z Cutting Back on Retirement Contributions?
Morgan Stanley at Work survey finds more than 3 in 4 younger participants say they have reduced contributions, citing inflation and recession concerns
65% of Workers Say They Will Need to Save More for Retirement
The new DC Pulse survey from MFS finds investors are also wanting emergency savings benefits from their workplace plans
The Impact of Inflation’s Return on Retirement Planning
Glen Franklin of Jackson National writes on the influence of market volatility on retirement planning, and the products that can protect investors against inflation
2024 Social Security COLA Projection Now at 3.1%
May update based on new inflation data shows next year’s adjustment is on pace to fall well short of this year’s historic 8.7% increase