How can you measure the effects of inflation on your retirement savings Here are some tips

To Learn More about the harmful effects of inflation, read: https://www.goldhillretreat.com/economy/inflation/how-to-protect-your-retirement-savings-from-inflation The economy is one of the most talked about subjects nowadays. But how do you measure its effects? And more importantly, how can you use this information to your advantage? In this video, we will discuss the three main ways that you can measure the economy and how they can help you in your personal life. We hope that this video has been helpful and that you will find it useful in your day-to-day activities. As always, if you have any questions or comments, feel free to leave them down below! But how do you measure inflation's effects on your retirement? Calculating their monthly Social Security Benefit payments is the most common way to measure inflation's effects on a person's retirement. If the cost of living increases faster than the rate at which benefits are increasing, then retirees will receive smaller Social Security checks over time as a result. Your retirement savings may not last as long as you think. We are seeing record high inflation that has not existed for over 40 years. This is inaccurate. According to The Bureau of Labor Statistics, the annual inflation rate was 1.5% in 2016 and 2.0% in 2017. These rates have been relatively consistent throughout the past few decades, despite fluctuations yearly due to economic conditions. But with the July report from the BLS, Inflation is now at 9.6%. YouTube https://www.youtube.com/channel/UC_NiruRIH1Kiv38MCji4pVA Facebook https://www.facebook.com/GoldHillRetreat Twitter https://twitter.com/GoldHillRetreat Pinterest www.pinterest.com/goldhillretreat1 Instagram https://www.instagram.com/goldhillretreat/ Pocket: https://getpocket.com/@goldhillretreat Blogger: https://goldhillretreat.blogspot.com/ Daily Motion: https://www.dailymotion.com/goldhillretreat To Learn More about the harmful effects of inflation, read: https://www.goldhillretreat.com/economy/inflation/how-to-protect-your-retirement-savings-from-inflation Increasing Medical Costs can drain your retirement savings. It's no secret that medical costs are rising, and this trend is only expected to continue. According to a report from Bankrate.com, the average American household will be affected by escalating health care costs in their lifetime at an estimated cost of $17,654. That doesn't even include coverage for long-term care! Even if you're not planning on leaving money to your heirs after you die, there's every reason why increasing medical expenses could quickly deplete any savings. You might also like these other videos: Best Gold IRA Companies 2022 Protect your Retirement From economic ruin. https://youtu.be/JczzEPImrWg Best Gold IRA Companies 2022 Protect your Retirement https://youtu.be/6DoGyMMPh_s High Inflation or Recession Gold Has your Back https://youtu.be/QXSCJXmapVE Protect your Retirement Hedge against inflation with Augusta Precious Metals https://youtu.be/tAfVpJXVUKY Senior Gold IRA Portfolio Diversification -Augusta Precious Metals; https://youtu.be/iUiwdr4HcEQ Best Gold IRA Companies 2022 Protect your Retirement https://youtu.be/6DoGyMMPh_s High Inflation or Recession Gold Has your Back https://youtu.be/QXSCJXmapVE Protect your Retirement Hedge against inflation with Augusta Precious Metals https://youtu.be/tAfVpJXVUKY Senior Gold IRA Portfolio Diversification -Augusta Precious Metals; https://youtu.be/iUiwdr4HcEQ How is Goldco Protecting Your Wealth into retirement? https://youtu.be/kEunb1uYL9g https://dai.ly/x8b3mgs #Howcanyoumeasuretheeffectsofinflationonyourretirementsavings? #effectsofinflationonyourretirementsavings #RetirementSavings #PurchasingPower #ProtectingWealth #TreasuryInflationProtectedSecurities #PersonFinance #RisingInflation #MutualFunds #retirementplanning #SocialSecurity #RetirementAccounts #ConsumerPricedIndex #inflationandretirement #inflationproofretirement #CPIandretirement #howtomanageinflationinretirement #keepinflationundercontrol #inflationandspending #socialsecurityandinflation #treasuryinflationprotectedsecurities #rentalrealestate #buygold #avoidinginflation #keepinginflationatbay #inflationeffectonbonds #inflationaffectonafixedincome #inflationaffectonseniors #SelfDirectedNation #SelfDirectedIRA #IRA #SDIRA #Solo401k #401k #RetirementPlan #RetirementSolution #Retirement #AlternativeAssets #RealEstate #Cryptocurrency #Crypto #Bitcoin #Ethereum #Gold #TraditionalAssets #Inflation #Stimulus #CARESAct #Economy

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