How Has Inflation Affected You? - FOX Business
It’s pretty hard to ignore the fact that just about everything costs more these days than just a couple of years ago. With inflation hitting over 9% last June and remaining painfully high since, it only takes a trip to the grocery store or your local gas station to remind you – a lot more of (if not all of) your income now goes toward your basic needs – which, of course, means you’re likely saving much less for your future retirement. When the choice is between paying your bills and saving for your retirement, there’s really only one choice, as far too many Americans have found. A recent survey reveals that over 2/3rds of Americans say that saving for the future has taken a back seat to paying for necessities which, of course, doesn’t bode well for their future comfort in retirement. All of this is discussed in this FOX Business News article by Nora Colomer – click here to read more.