Tuesday, August 15, 2017

Inflation Is The Silent Killer Of Investing

Inflation is the carbon monoxide of saving and investment, a silent killer that worries Americans, yet most are not including inflation in their plans. According to a recent study by Minneapolis-based Allianz Life, inflation ranks as the top economic concerns, but nearly two-thirds of respondents in a survey of U.S. adults, 64 percent, said that they do not have a financial plan addressing inflation. Among the minority of respondents who are planning to address inflation, more than half intend to simply adopt a more frugal lifestyle after retirement. Four-in-10 respondents were concerned that they might not be able to afford the lifestyle they want in retirement due to inflation.

from FA News http://www.fa-mag.com/news/despite-concerns--americans-misunderstand--neglect-inflation-34161.html

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