Protect Yourself From the Dangers of Inflation

After more than a decade of hovering at normal-to-below-average levels, inflation became a hot topic again in 2021 when it rose to over 4%. By March 2022, it had hit a 40-year high of 8.5%. This prompted the Federal Reserve to take its usual course of action to combat inflation: raising short-term interest rates. Over the next 18 months, the Fed hiked rates at a historically aggressive pace. As usual, this created extreme volatility in the financial markets, but ultimately inflation did come down again to just over 3% by late 2023.

Nobody likes rising prices, but one positive outcome of the recent inflation spike is that it has prompted more people to think about inflation as it relates to their retirement goals. According to a recent survey by Global Atlantic Financial Group, 71% of Americans aged 59 to 75 said they believe rising inflation will negatively affect their retirement savings, while 46% said they believe inflation will make it more difficult to have a steady income in retirement. 1

Outreach Capital Management - Protect Yourself From the Dangers of Inflation

Stay Informed

Download your free reports on the financial topics that matter the most to you.

Name(Required)

More Reports

Year-End Financial Planning Checklist

Americans are notorious for overspending when the holiday season rolls around. While that may be...

Women, Money, and Retirement: Separating Fact from Fiction

The 100th anniversary of women’s right to vote in the U.S. occurred in 2020. During...

Why Investing in Mutual Funds Could Jeopardize Your Retirement Plans

Unfortunately, since many financial advisors working today entered the business in the 1980s and 90s,...

Understanding Price-to-Earnings Ratios

Have you ever bought a pair of pants for your child or grandchild that were...

TR=I+G Guide

There are many misconceptions about investing. One is that the terms ‘growth’ and ‘return’ are...

Ten Warning Signs of Working with the Wrong Financial Advisor

Are you working with the wrong financial advisor? Is he still the advisor best qualified...

Surviving-Child Financial Checklist

The loss of a parent is difficult enough, but it can be made worse when...

Secure Act 2.0

The $1.7 trillion budget bill signed by President Biden on Dec. 29, 2022, included the...

Retirement Risk Report: Will You Outlive Your Money?

In survey after survey, the top financial fears among older Americans are almost always the...

Get Your Retirement Planning Questions Answered

We Are Here to Help

Schedule a complimentary 15-minute call with one of our advisors.

You can also call us directly at (954)-870-6735