Though inflation has been cooling in recent months, it’s not enough to assuage the fears of retirees, almost all of whom are worried about spending down their savings sooner than planned. And as they stare down the possibility of higher prices linked to President Donald Trump’s wide-reaching tariff policies and a possibly lower Social Security cost-of-living adjustment, those fears could intensify.
That’s according to asset manager Schroders 2025 U.S. Retirement Survey, which finds that 92% of retirees report they are worried about inflation lessening the value of their assets, up from 89% last year and the top concern listed. Some 45% of respondents report their expenses in retirement are higher than they expected.
