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.
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
Just 28% of Micro Businesses Offer a Retirement Plan
A Capital Group report finds that small businesses were likely to cite cost as a critical factor for avoiding retirement plans
How Bad Inflation is Hurting Retirement Saving: By the Numbers
Two new surveys share troubling findings about how much rising inflation has caused Americans to cut back or even stop saving for retirement
Financial Confidence Remains Low Despite Smaller Recession Fears
While four in 10 say the U.S. is in a financial crisis, just 36% believe their finances could endure a recession, finds Nationwide
Six in Ten Women Anticipate a Financial Crisis in 2023
Nationwide research finds close to half of women have a strategy in place to protect their financial assets from a recession
Financial Advisors Are Changing How They’re Investing in Retirement
A 2023 outlook report by Ernst & Young lists how financial advisors can help their investor clients navigate the uncertain market
U.S. Economy Heading Towards Recession: Natixis
New research from Natixis Investment Managers finds the U.S. is either moving into a recession, or may already be in one