Have you ever worked on your retirement plans? If not, it is not too late. At this ever rising Inflation If you expect to retire at age 65, then you have to account for prices to double while you’re working and during your retirement.
Here’s how you can protect your future from the destructive power of inflation.
- Make sure your retirement plan must calculate inflation costs into it
- Invest wisely: invest your money into money market funds or CDs to protect your principal
- Remember that your retirement date isn’t the end: After retirement you must monitor and control your money.
Share your retirement plan with us.