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Don’t let inflation crack your nest egg

Inflation seems to be rearing its ugly and insidious head. And that can mean only one thing for those saving for or living in retirement: Without a plan of action to mitigate the effects of rising prices, you’re certain to lose purchasing power over the course of time. Consider the results of recent survey conducted by the Senior Citizens League. Since 2000, seniors have lost almost one-third of their buying power, according to the SCL’s annual survey of senior costs. “To put it in perspective, for every $100 worth of expenses seniors could afford in 2000, they can afford just $69 today,”,,,Read More

 

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