What is inflation and how does it affect retireesTo learn more...

What is inflation and how does it affect retireesTo learn more visit: https://www.goldhillretreat.com/inflation/hedge-against-inflation-with-augusta-precious-metals

Inflation is one of the most important concepts to understand when planning for retirement. In this video, Gold Hill Retreat will explain what inflation is and how it can affect your retirement savings. We also offer some tips on how to protect your savings from the effects of inflation.

Some call inflation the invisible tax because it’s an erosion of your retirement assets the government actively encourages and hides extremely well in the projected returns in your investment portfolio. Unfortunately inflation is so high that it makes even the most progressive government officials nervous even the highest returning stock market returns are eroded to break-even points.

It’s no secret that inflation can significantly impact retirement income. Inflation is a term that describes the rising prices of goods and services over time. A 5% 12-month inflation rate means what cost $100 today may cost $105 next year and $110 the year after. In context, the latest inflation rate reported from the U.S Bureau of Labor Statistics reported a 40Year high inflation rate of 7.9% on March 8th, 2022.

As prices rise, the value of hard-earned retirement savings diminishes. That’s why it’s crucial to protect your retirement from inflation by investing in products that can insulate them from inflation.

Gold IRA companies help customers diversify their investments with precious metals. These metals have historically held their value well, especially in times of high inflation.

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To learn more visit: https://www.goldhillretreat.com/inflation/hedge-against-inflation-with-augusta-precious-metals

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