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.
‘Doomscrolling’ Not Helping Nervous Retirement Investors
Wells Fargo study finds 29% would cash out their 401k or IRA investments to cover immediate expenses if they could do so without tax penalties
Survey Says Few Americans Achieving Retirement Planning Goals
A Thrivent survey found financial concerns like inflation and future healthcare expenses are impacting people's level of retirement readiness
Veteran Advisor Lists Top Solutions to Fight Inflation
Inflation worries have dominated the thoughts of near-retirees and retirees, but with the right preparation and offerings, Equitable Advisors’ Jody D’Agostini shows how they can weather the storm
Americans Point to Inflation for Lack of Retirement Savings
New Bankrate report finds inflation and other reasons are keeping Americans away from contributing to their retirement goals
Retirement Anxiety Keeping Even Wealthy Up at Night
Survey from Natixis Investment Managers reveals stark retirement concerns among HNWIs
What Excites, Intrigues Ascensus CEO David Musto about the Industry?
Dave Musto, Ascensus CEO talks sequence of return risk, inflation, delayed retirements, and industry concerns.
401KO: New York Post Op-Ed Says ‘Bidenflation’ Has Dropped DC Plans
The Heritage Foundation’s Stephen Moore and E.J. Antoni claim the average 401k has lost about $34,000 so far this year
5 Ways Inflation is Changing Retirement Planning
GOBankingRates survey finds 3 in 4 Americans say inflation is impacting how they save and plan for retirement. Here’s what they’re doing
Final 2023 Social Security COLA Estimate Before the Real Thing: 8.7%
The Senior Citizens League’s final projection is down nearly 1% from its previous estimate as new CPI data shows inflation continues to slow. The official 2023 cost-of-living adjustment will be released Oct. 13
New Bill Seeks to Abolish Tax on Social Security Benefits
House legislation proposed by Rep. Angie Craig (D-MN) would pay for the change by raising cap on payroll taxes