Welcome to Awe-Inspired and Retired! Caleb and Riley are discussing inflation and practical tips of what retirees can do to manage inflationary periods during retirement. Fidelity conducted a study and determined that 56% of Canadians nearing retirement age said the rising cost of living was holding them back from retiring. This is not very ‘awe-inspiring’ so let’s change this!
Learn more about:
- Using inflation to your advantage instead of your detriment.
- How to include inflation assumptions appropriately in your financial planning
- The ways you can ‘inflation proof’ your retirement plan
Memorable Quotes:
“I’m here today to tell you that Inflation can be navigated. There are intentional decisions we can make today, to preserve our purchasing power tomorrow.”
Resources:
- Why is inflation rising right now?
- Brace yourself, inflation could create a ‘giant wealth transfer’ from lenders to borrowers
Hosted by Caleb Miller and Riley Anderson of InvestorDNA
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