Retirement checklist for Boomers
How will inflation affect your nest egg?
For the last 20 years, inflation has been running at less than 3% per year. But that’s no guarantee that it won’t spike in the future. And even a moderate 3% inflation rate means prices will double in roughly 20 years. Keeping some assets invested for growth or purchasing an annuity with an annual inflation adjustment can help maintain your buying power throughout your retirement years.