by admin | Feb 1, 2024 | Inflation
Deflation is the opposite of inflation. It is the decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Let’s break that down. If the Federal Reserve wants to contract or reduce the amount...
by admin | Feb 1, 2024 | Inflation, Retirement, Retirement Planning
Inflation is real and a serious threat to your retirement plan. Living comfortably on $8,000/month now could mean a second job 20 years from now considering historical inflation rates. In this post, I want to cover three things you can do now to beat inflation later....
by admin | Jan 17, 2024 | Inflation, Retirement, Retirement Planning
What is inflation? There are plenty of fancy definitions, but it will suffice to say that inflation is the decline of your purchasing power over time. Simply put, one hundred dollars no longer buys what it used to. During the period from 1960 to 2022, the average...