Is inflation causing you to delay your retirement? - NBC News
The BMO Real Financial Progress Index is an indicator of how consumers feel about their personal finances and whether they are making financial progress. A recent survey found that one-quarter of Americans will delay their retirement due to inflation. Also, 36 percent of respondents have reduced their savings, and 21 percent are putting away less for retirement. However, the one good thing that has come about because of inflation is; that Americans are planning more than before inflation spiked, and more Americans are setting yearly budgets. Carmen Reinicke outlines other findings of the survey. Read Ms. Reinicke’s article here…
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