Talk to anybody who’s retired these days and the conversation invariably ends up discussing inflation and the stock market. There are some pretty good reasons for that. The S&P 500 is down 17% year to date, bonds are down more than 10% and prices are 9.1% higher than 12 months ago. Meanwhile,
If you’re retired, you might be happy to discover these factors that may insulate you from the ravages of inflation. If you haven’t already, you can make adjustments to take advantage of them.
Where are consumers cutting back, spending-wise?
A diversified income plan means less stress on your portfolio and less likelihood that a bad sequence of returns would cause it to run out of money over a long retirement. We’re big believers in people going from an accumulation mindset during their working years to an ‘income for life’ mindset when they actually need the money.