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.
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
Few Workers Today Think They’ll Retire When They Want
FinanceBuzz survey finds market volatility changing Americans’ retirement behaviors and outlook
Americans Raid Savings to Cover Increasing Costs
Though confidence has declined, a majority expect their retirement savings to last their whole lives
Manchin’s Surprise Reconciliation Deal: Big Corps, Wealthy Pick Up Tab
A 15% corporate minimum tax, increased IRS enforcement and taxing unrealized capital gains expected to pay lion’s share of $433 billion tab
No! Economic Anxiety Has Americans Taking Social Security Early
'More than two-thirds of Americans don’t realize that Social Security is protected against inflation.'
Inflation Wreaking Havoc with Workers’ Retirement Saving
One-third of plan participants do not know how long their savings are likely to last in retirement
Retirement Savings Rates Up, But Confidence Down: BlackRock
Annual survey of plan participants and sponsors finds double-digit deferrals, but inflation curtails confidence in retirement readiness