You’ve no doubt felt the impact of inflation at the grocery store. But you may be surprised by how much inflation can steal from your retirement savings.
“Inflation usually shows up quietly, and that’s what makes it so dangerous for retirement planning,” said Taylor Kovar, certified financial planner (CFP) and CEO of 11 Financial. “When prices rise a few percent each year, the impact doesn’t feel huge in the moment, but over a decade, it completely shifts what your money can cover.”
