Inflation affects Americans’ retirement savings, reducing contributions, increasing debt, and withdrawals from retirement accounts. Although inflation has decreased from its high in 2022, recent studies highlight the financial challenges faced as Americans grapple with still-high prices and their impact on their long-term financial security.
Latest posts by Matt McClure (see all)
- Survey: Life Sales Expected to Grow Faster Than Annuity Sales - June 19, 2024
- Rising Prices, Shrinking Savings: Navigating Inflation’s Impact on Retirement - June 19, 2024
- How Financial Professionals Can Combat Money Misinformation - March 12, 2024