Inflation Protection: How to Minimize its Damage
Planning for a secure retirement is no small task. It takes discipline, foresight, and decades of saving to achieve your goals. But even if you do everything right, a silent culprit is sabotaging your efforts: inflation. Left unchecked, inflation can erode the purchasing power of your savings and push the retirement lifestyle you've worked for well out of reach.
Below we explore what inflation is, how it eats into your retirement savings, and how you can use "inflation hedges" to protect yourself.