Welcome to the Healthy and Wealthy Retirement, where certified retirement counselor Mark Struthers explores the impact of inflation on retirees. In this episode, Mark discusses how the recent surge in inflation has heightened awareness and seriousness about planning for retirement.
Mark explains how inflation erodes purchasing power over time, making it essential for retirees to have strategies in place to protect their financial well-being. He delves into the concept of compounding—both its w...
Welcome to the Healthy and Wealthy Retirement, where certified retirement counselor Mark Struthers explores the impact of inflation on retirees. In this episode, Mark discusses how the recent surge in inflation has heightened awareness and seriousness about planning for retirement.
Mark explains how inflation erodes purchasing power over time, making it essential for retirees to have strategies in place to protect their financial well-being. He delves into the concept of compounding—both its wonders and its challenges—and emphasizes the importance of understanding its effect on retirement planning.
The discussion touches on fixed incomes, pensions, and bonds, highlighting their susceptibility to inflation and the need for active financial management. Mark also offers actionable tips for retirees to hedge against inflation, such as continuing to work part-time, investing in equities, real estate, and treasury inflation-protected securities, and maintaining diversified income streams.
Learn how to cut back on discretionary spending, stay healthy, and plan ahead to enjoy a more stable and less stressful retirement, even amid economic uncertainties. Tune in for insights and strategies to navigate the complexities of inflation in your retirement journey.
Curious about working with Mark:
https://www.videoask.com/fd9svtp2l
www.SonaWealthAdvisors.com
Disclosure:
Investment advisory services are offered through Sona Financial LLC (DBA Sona Wealth Advisors, Sona Wealth, Sona Wealth Management), an investment adviser registered in the state of MN. Sona Financial only offers investment advisory services where it is appropriately registered or exempt from registration and only after clients have entered into an investment advisory agreement confirming the terms of engagement and have been provided a copy of the firm’s ADV Part 2A brochure and document.
This video or article is for educational purposes only and is not exhaustive. Nothing discussed during this show/episode should be viewed as investment advice. Diversification and/or any strategy that may be discussed does not guarantee against investment losses but is intended to help manage risk and return. If applicable, historical discussions and/or opinions are not predictive of future events. The content is presented in good faith and has been drawn from sources believed to be reliable. The content is not intended to be legal, tax, or financial advice. Please consult a legal, tax, or financial professional for information specific to your individual situation.
This content has not been reviewed by FINRA
View more
