Kiplinger

3 Ways to Keep Inflation from Shrinking Your Retirement

Inflation has been a hot topic for months and likely will be well into 2022. Its impact is immense; with inflation at its highest level in 40 years and interest rates rising, consumer sentiment is falling.

As we come to grips with rising costs for goods and services, it's also important to understand a concept called shrinkflation, which is common during periods of high inflation and further fuels pessimism and anxiety about the economy.

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