Browsing Tag
Inflation
117 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.
Early 2025 Social Security COLA Forecast Rises Again
The Senior Citizens League raises its outlook for next year’s cost of living adjustment to 2.4% based on latest inflation data released today
Inflation and Unemployment Decline While Account Balances Grow: Vanguard
Despite the fall with inflation and unemployment, loan issuances and hardship withdrawals increased moderately last year
Bob Doll’s 10 Predictions for 2024: Goldilocks Remains a Fairytale
Crossmark Global Investments CIO sees Republicans winning White House, a rough year for stocks with a mild recession
Financial Savings Strategies Among Leading Resolutions for 2024
Allianz Life data finds more U.S. workers are wanting to manage their money better or save more in the new year
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%