Will Inflation Impact Your Retirement?
Retirement planning is a challenge under normal circumstances. It may be many years before you retire, so it isn’t easy to imagine your future lifestyle, estimate your expenses, and forecast your level of savings and income. Retirees often live on a fixed income, so it doesn’t take many years of high inflation to erode their savings more quickly than expected.
When planning your retirement, working with an investment advisor is helpful. These individuals are trained to establish and update personalized wealth management plans flexible enough to endure various economic and market conditions.
Source: iA Private Wealth