We're in our 50's and would love to retire in the next few years - how much inflation should we plan for in the future?
Briefly

from 24/7 Wall St.1 month ago
Inflation remains a pressing concern for retirees and those nearing retirement, with rates climbing back to 3%. This resurgence raises alarms for individuals on fixed incomes who worry about running out of cash. The uncertainty surrounding inflation prompts many to reconsider their retirement timelines and financial strategies. For instance, a Reddit user in their 50s expressed concerns about college costs and inflation impacting their plans for early retirement. As a result, careful financial planning and possibly delaying retirement may be necessary to navigate rising living costs effectively.
Inflation poses a significant challenge for retirees, especially those on fixed incomes, highlighting the need for careful financial planning as costs rise.
24/7 Wall St.https://247wallst.com/personal-finance/2025/02/18/were-in-our-50s-and-would-love-to-retire-in-the-next-few-years-how-much-inflation-should-we-plan-for-in-the-future/
With inflation recently climbing back to 3%, many prospective retirees feel compelled to adjust their asset allocations or delay retirement to ensure financial security.
24/7 Wall St.https://247wallst.com/personal-finance/2025/02/18/were-in-our-50s-and-would-love-to-retire-in-the-next-few-years-how-much-inflation-should-we-plan-for-in-the-future/
Read at 24/7 Wall St.
#inflation #retirement-planning #financial-security #fixed-income #cost-of-living
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