Prevent Stealth Inflation From Ruining Your Retirement
Investing Daily Printable PDF A few days ago, I discussed the danger of relying on stock market appreciation as your primary source of income in retirement. As I noted then, a major stock market correction could put you at risk of running out of money. Another financial risk in retirement is spiraling expenses. And I’m not just talking about the cost of health care, which is constantly going up. A recent CNBC article pointed out that the 1.3% cost-of-living adjustment (COLA) made to Social Security payments this year falls woefully short of what most retirees are actually experiencing. ...