Today I’m talking about inflation.
In 2021, consumer prices rose 7%…the largest increase in 39 years.
Is this good news or bad news?
What does this mean for retirement investors?
How should our investment strategy change in response?
I’m answering these questions and more!
If you’re ready to address common inflation myths + learn how to take action, today’s episode is for you.
Key Takeaways
- The 2021 spike in inflation was (mostly) expected
- Retirees are able to navigate the current price increases better than anyone else
- Inflation is a good thing
- Hyperinflation is can destroy economies for decades…but doesn’t happen overnight
- Inflation is volatile and very hard to predict
How to Listen to Today’s Episode
Episode Links & Resources:
- 👉 Get Your One-Time Retirement Plan
- Inflation: The SPOOKIEST Threat to Your Retirement…or is It? [Stay Wealthy #131]
- What is the Best Way to Hedge Inflation [CFA Institute]
- History of Hyperinflation [Wikipedia]
- Can We Really Rely on Inflation Forecasts? [SF Fed]
- Consumer Price Index Report December 2021 [U.S. Department of Labor]
- Free Real Returns Calculator [Official Data]
- What Are I-Bonds + Are They a Good Investment [Stay Wealthy #119]
- The 1970s:
- Why It’s Wrong to Compare Today’s Inflation to the 1970s [MarketWatch]
- The Great Inflation of the Seventies [St Louis Fed]
- Exploring the Causes of The Great Inflation [Federal Reserve Bank of SF]
- Stay Wealthy Retirement Investing Series: