A hefty cost-of-living increase for Social Security won’t fully protect against rising inflation; some individuals realized they needed to save more, and others discovered that retirement was no longer engaging.
Tag: Roth IRAs
How To Maintain Your Retirement Plan In An Uncertain Market
This year, retirees and investors nearing retirement are under stress. The inflation rate has soared to multidecade highs, equities have plummeted, and bonds, often a haven, have declined. One of the worst years in a century has been experienced by the typical portfolio consisting of sixty percent equities and forty percent bonds.