✔ Having a diversified investment plan✔ Having the appropriate insurance✔ Working with a trust attorney to create and maintain an estate plan
The inflation rate has come down from the highs of 2022, but it remains a real concern. If you're retired and living off investment income, you may worry about whether your plan can withstand higher prices—and how inflation might impact your lifestyle.
Because financial plans account for different possibilities, they are designed to withstand economic shifts. Fidelity’s retirement analysis in the Planning & Guidance Center assumes 2.5% inflation when assessing retirement goals. If you expect long-term inflation to be higher, you can adjust your plan accordingly.
Knowledge is key to a stress-free retirement.
The Retirement Guidebook: From Planning Your Retirement to Enjoying It helps at every stage—whether you're in your 40s just starting to plan, in your 60s nearing retirement, or in your 70s navigating longer-than-expected retirement years.
Check out our books on retirement and financial independence at https://parentsfin.wixsite.com/website/books or 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📘 Investing for Financial Independence (FREE on our website!)📘 Raising Financially Independent Children📘 Financially Independent Teens📘 Financial Essentials for Couples
Three key strategies to protect your retirement:
✔ Having a diversified investment plan✔ Having the appropriate insurance✔ Working with a trust attorney to create and maintain an estate plan
The inflation rate has come down from the highs of 2022, but it remains a real concern. If you're retired and living off investment income, you may worry about whether your plan can withstand higher prices—and how inflation might impact your lifestyle.
Because financial plans account for different possibilities, they are designed to withstand economic shifts. Fidelity’s retirement analysis in the Planning & Guidance Center assumes 2.5% inflation when assessing retirement goals. If you expect long-term inflation to be higher, you can adjust your plan accordingly.
Knowledge is key to a stress-free retirement.
The Retirement Guidebook: From Planning Your Retirement to Enjoying It helps at every stage—whether you're in your 40s just starting to plan, in your 60s nearing retirement, or in your 70s navigating longer-than-expected retirement years.
Check out our books on retirement and financial independence at https://parentsfin.wixsite.com/website/books or 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
📘 Investing for Financial Independence (FREE on our website!)
📘 Raising Financially Independent Children
📘 Financially Independent Teens
📘 Financial Essentials for Couples
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