Inflation has been a hot topic in recent years, and its impact on retirement planning is arguably bigger than ever. As prices for everyday goods and services continue to rise, understanding how to effectively manage these changes is essential for securing a comfortable retirement. Let’s explore strategies for inflation-proofing your retirement and share a look into how we address this in our planning.
Ultimately, the episode serves as a wake-up call for those approaching retirement. With inflation continuing to pose challenges, it’s crucial to work with a financial professional who can help tailor a retirement strategy that aligns with individual goals and risk tolerance. As Mike aptly puts it, “We want to plan for the worst, hope for the best.”
Here’s what we discuss in this episode:
0:00 – Intro
1:32 – How inflation changes planning
3:04 – Inflation rate average
4:15 – Inflation’s impact over time
6:08 – Investment strategies
7:51 – Client story
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