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Will inflation deflate your retirement? Rising costs might not be as big a threat to your retirement lifestyle as you fear.

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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

 

Educating yourself now can set you on the path to a fulfilling and stress-free retirement. Retirement Guidebook: From Planning Your Retirement to Enjoying It is designed to help you at any stage. Whether you're a 40-year-old just starting to plan, a 60-year-old nearing retirement, or a 75-year-old realizing life may extend longer than expected, this guide simplifies complex topics like investing, Social Security, taxes, and Medicare.

With stories and examples that break down complicated concepts, you'll be able to navigate retirement with confidence, no matter your current knowledge.

Check out our books on  retirement and financial independence at htps://parentsfin.wixsite.com/website/books or our books  on Amazon

Retirement Guidebook-From Planning Your Retirement to Enjoying It

Budgeting for Women by Women FREE on our website

 Financial Essentials for Women by Women

Raising Financially Independent Children

Financially Independent Teens

 Financial Essentials for Couples

Amazon searches by author are the easiest way to find the by The Authors are Nancy Burgandine and Irene VanDyk

 



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