Inflation and Retirement: Five Ways to Soothe Your Worries
Assess and reassess
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The unknown makes us worry, and fear drives us to change directions during troubling times.
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Avoid rinse and repeat
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Don’t assume that what has worked well in the past will work again. Environment matters.
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Maintain the tried-and-true diversified portfolio
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During exceptionally challenging inflationary periods, you may feel tempted to put all your investments into one or two markets.
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Focus on yield
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Retirees are typically concerned with cash flow in their golden years. While there’s nothing wrong with having a portfolio tilted toward income, it shouldn’t be your only objective
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You’re in control, today
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Inflation isn’t the boogeyman. In truth, you have more control over your retirement savings than you think