📉 Inflation Is Wrecking Your Retirement Plan | The Planning Mistake That Could Cost You Thousands
About this episode
This episode discusses the impact of inflation on retirement plans and how to adjust strategies to preserve purchasing power.
Most retirees worry about stock market crashes.But one of the biggest threats to your retirement isn't a bear market—it's inflation.Inflation quietly reduces your purchasing power every year. Even "normal" inflation can dramatically increase the amount of income you'll need over a 25- or 30-year retirement. And if your retirement plan still assumes inflation quickly returns to 2%, your plan may be built on unrealistic assumptions.In this episode of the Retirement Income Lab, Certified Financial Planner™ Patrick Huey explains:✅ Why inflation is one of retirement's biggest hidden risks✅ Why the idea that inflation is "transitory" has often been wrong throughout history✅ How inflation affects retirement income planning✅ Why your retirement paycheck needs to grow over time✅ Common retirement planning mistakes that leave retirees vulnerable✅ How much stock exposure retirees may still need✅ Why flexibility matters more than chasing returns✅ How to stress test your retirement plan against inflationIf you're within five years of retirement—or already retired—this episode will help you understand how to build a retirement income strategy designed to preserve purchasing power for…
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