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Retiree stats, etc., to be thankful for
Thanksgiving is perhaps one of the few holidays where everyone in the U.S. gets to express thanks for something. But what should those saving for or living in retirement here be thankful for? Here’s what experts said: Low inflation: Many retirees may be giving short shrift to today’s very low rate of inflation, says David Mendels, a certified financial planner and director of planning at Creative Financial Concepts in New York City. “As they grumble about low cost-of-living increases in their Social Security checks and low interest rates on their savings, they may fail to appreciate that behind both of those is the very low rate of today’s inflation…”…Read More
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