Cutter family finance
Recently, I’ve had a few folks ask me about inflation, given how high it is right now and how much airtime the media is giving it. Inflation – at least as we’re currently experiencing – is an issue that doesn’t seem to have one clear, specific root cause, despite what you may hear from media pundits.
Folks often feel overwhelmed by the number of factors we need to consider as we build their retirement plan. It can seem confusing and overwhelming which can easily lead to procrastination.
No one can predict a potentially pending recession, but it doesn’t mean you shouldn’t be prepared. Now would be the time to make sure you have a downside risk mitigation program as the nucleus of your retirement system.
As individual investors we need to evaluate not only the current headlines and investment firm predictions but our own unique needs and holdings. Reading conflicting opinions and predictions online is not the real knowledge we need to make the right decisions.