Showing posts with label Persistent inflation. Show all posts
Showing posts with label Persistent inflation. Show all posts

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