Inflation is ruining many Americans' efforts to save money for retirement
Article Excerpt: "...A quarter of Americans have had to pull back on saving for retirement because of persistent inflation, new data shows, potentially derailing their long-term financial goals for years to come. In 2022, almost half of those who trimmed their savings, or 12%, stopped putting money away for retirement altogether, according to an annual study conducted jointly by the Global Financial Literacy Excellence Center (GFLEC)..."
Resource: www.cbsnews.com