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.
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
Inflation be Damned, One Generation Sticking with 401k Contributions More than Others
While curbing discretionary spending as a result of inflation, new State Street research finds far fewer Gen Xers are cutting retirement savings rates than Millennials or Boomers
Two Top Reasons Retirees May Rejoin the Workforce
Many worry age could be a barrier to coming back, but the promise of remote work makes the prospect of unretiring more appealing
4 Inflation-Fighting Considerations in 401(k) Plans
Investors need to combat inflation’s eroding impact on portfolios while also generating income
Latest 2023 Social Security COLA Estimate Drops
Today’s July Consumer Price Index report leads The Senior Citizens League to lower its latest cost of living adjustment estimate back into single digits, but it would still be biggest increase since 1981