There’s no question that inflation affects your retirement plans. With year-over-year prices rising more than 9%, you are quite correct in wondering what you can do about it. What can you do to protect your retirement from inflation?
Financial professionals from across the country looked at the most asked questions. Their answers revealed three easy steps you can (and should) immediately start if you’re concerned with rising prices.
U.S. investors hold $10.4 trillion in 401k assets as of the first quarter of 2022, making 401k’s far and away the popular choice of Americans saving for their retirement years.
With all that treasure stashed away in 401k plans, you’d think retirement investors would take the time to know exactly what’s in their retirement plans, so they can make informed investment savings and withdrawal decisions.
t’s no secret that inflation has battered a lot of bank accounts in the last year. Some prices have been going down lately, like gas, but other prices, like that for food, are still climbing.
If you’re looking to save money, here are some money-saving tips in six areas of your spending life.
If you’re paying attention to the economy and the state of financial matters in the United States, you may feel a bit pessimistic. Inflation is at a 40-year high, the stock market is still volatile, and both appear to be remaining that way for the foreseeable future. Such uncertain financial times are leaving many to wonder if saving for a comfortable retirement is even possible anymore. Today’s investors and average people saving for retirement are up against some formidable challenges.
Retirement is still possible, but people will need strong expert advice to help them navigate the muddy waters of the current market. Thankfully, GenWealth Financial Advisors are meeting this moment through their approach which urges people to not just hope that things work out in regards to their retirement, but how to best plan for it.
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A Path through the forest
In unstable financial terrain, John and Scott are bringing clarity about market trends for 2024 and more importantly what it means to you!
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