Wednesday, September 6, 2023

Inflation is ruining many Americans' efforts to save money for retirement

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..."



Resource: www.cbsnews.com

persistent inflation