Jun 15, 2021
When it comes to conversations about inflation, you might find yourself filled with fear and thinking the worst about your finances. But once you understand the breakdown of a dollar, it’s easy to keep up with the price changes (and even raise the value of your assets).
Understanding inflation not only brings peace of mind to your portfolio but prepares you to thrive in any economy. So when the dollar drops, your plan is oriented around income and growth (instead of fear and expenses).
In this episode, you’ll discover what inflation does to the dollar and how to design a retirement plan that thrives and survives in any economy.
Show Highlights Include:
- How to stay calmdrop the fear of inflation when prices are rising and start raising the value of your assets (so that a Cup of Joe doesn’t get too expensive for you). (1:39)
- How to survive any price changes with the ‘Sandwich’ analogy. (7:13)
- Why cash can get you trapped if you don’t pay attention to inflation rates - and the easiest way to avoid ‘walking up the down escalator’ in your retirement plan right now. (12:55)
- Why you should plan your retirement like a round of golf - and how to avoid the ‘headwind’ of inflation in a portfolio that embraces your best life. (17:23)
To schedule your free retirement tracking meeting, specifically for first responders, head to http://pensionattention.com/ or call us at 805-409-8150.