Inflation, and it’s probable effects on our purchasing power in retirement, is a major retirement obstacle for many. While we’ve been in a historically low inflation environment for years, that’s changing quickly, and not for the better.
There’s little difference between Democrats and Republicans in their belief that retirement security is a problem for the country. Reaching a secure retirement isn’t a left or right political consideration, it’s something we’re all reaching for.
This week I dig into some of the key points of the Biden tax proposal to help you better understand if – or how – you might be affected.
How much you have saved is not as important as how much income that money will create for you. You may be closer to supporting your retirement than you think.