Three key takeaways can help with this
Having a diversified investment PLAN
Having the approiate insurance i
Working with a trust attorney to create and maintain an extate plan
The inflation rate has come down from the blistering highs set in 2022 but inflation is still a real concern for many.
If you're already retired and living off your investment income, you may be especially worried, regardless of the size of your nest egg. Will your retirement plan be able to withstand higher prices in the future? Perhaps most importantly, could it impact your lifestyle?
Because financial plans work within ranges of possibilities, they are designed to withstand bumps in the road. Fidelity's retirement analysis within the Planning & Guidance Center currently assumes 2.5% inflation when assessing retirement goals. Of course, if you believe long-term inflation is likely to be higher, you can work with a Fidelity professional to adjust your plan accordingly.
Here's how having a diversified investment plan—and the appropriate insurance and estate planning strategies—can help address some of your top concerns regarding rising prices and your lifestyle and
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