Inflation! The Attack On Retirement?

June 27, 2013 - PRLog -- In the recent years you  have seen a lot of changes regarding retirement  portfolios . This  all started with the economic down turn of 2008.  Leaving most retirees suffering in their retirement portfolios. Making  retirees look at other place to achieve returns in their portfolios through safer means.

These retirees had to move their  money to safe places such as bond,annuities,and banks . In order to make sense of what had just happened to their retirement , but as people moved toward  these  different types of vehicles that once gave moderate returns along with safety .They realized they did not receive the same interest rate they once had . With the fed setting the interest rate benchmark at almost zero at the end of 2008.

With retirees portfolio suffering from loses in 2008, along with not being able to get moderate returns in the places that also gave some safety . With there being little to no interest rates for CDs. Retirees portfolios needed to make returns in order to stay retired leaving them at the mercies of a unpredictable market. With advisors telling retirees you need to be making at least 3 percent to keep up with inflation.The fact is 3 percent average inflation a year has only occurred one year out of the last four years as figured on usinflationcalculator.com

The question is when will inflation actually hit? How will  it affect  retirees ?With record low returns on bonds and many bank CDs. Inflation is not only needed, but at some point in time will happen. Depending on the rates this might allow retirees to achieve retirement through safer means. For now the lack of inflation which goes hand in hand with interest rates will leave retirees going back to the places that cost their retirement portfolio in 2008.

There are options out their for retirees to protect their accounts through their retirement. The most important  things is having a clear and understood education about the options available.

Josh is frequently seen in FOX,  ABC, The Chicago Chronicle, and CBS Money Watch. In his years as a financial professional, Joshua has seen the lifelong impact of retirement preparation – or lack of preparation—every day. Commenting on his career, Joshua says, “I feel blessed to have helped so many people prepare for the day when they don’t have to work any longer. As well as helping those in retirement keep it that way.” You can find more about Josh at www.aaronmatthewsfinancial.com

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