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How Retirees Can Cope with Inflation

September 13, 2021

From the U.S. News & World Report website

After years of low inflation, many retirees are now concerned about rising prices. Costs for cars, food and gasoline are up, mainly because demand spiked when the economy reopened after the worst of the pandemic. “Across the country it’s a huge concern, especially with the Consumer Price Index at 5% to 5.5%, the highest that we’ve seen for 13 years,” says Brian Robinson, a certified financial planner and partner at SharpePoint in Phoenix, Arizona.

Here’s what inflation means for retirees:

From → Finance

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