How Inflation Will Affect Your Retirement in 2017

As you plan your retirement, one major factor to consider is inflation. You may recall hearing stories about how grandpa was able to buy a cheeseburger for 30 cents. Today that cheeseburger may cost 10 times as much. If you are not prepared for rising costs, you might run out of money in retirement or see a drastic decrease in your standard of living to meet rising costs. Inflation can erode your savings and deplete your budgets.

Some statistics:
In 2017, core inflation will be 2.4%, up from 2.0% in 2016
Minimum wage increases mean that dining out will cost more, but overall food costs are going down
Housing will rise 3.6% in 2017
Gas costs continue to rise, experts estimating a 5.77% increase in average gas cost in 2017*

Fewer and fewer Americans are prepared for retirement. Are you?

One common pitfall that many people make is to have all of their money in their company sponsored 401(k) retirement plans, or worse off under their mattress. Even with your money in a 401(k) or stocks, this is no guarantee that your money will be safe against an economic downturn. In 2008, some people lost over 40% of their 401(k) value overnight. Without a diverse retirement portfolio, you are exposing yourself to downturns in the stock market.

In December 2016, the Federal Reserve announced an increase to the federal interest rates and it is planning to increase rates two more times in 2017. Increases to the federal interest rates have a ripple effect that affect the whole economy and generally mean stock prices will go down.

Request Your Free IRA/401(k) Protection Guide Now

Fortunately, there is a 100% legal method to safeguard your hard earned retirement accounts and protect your future. This loophole is being used by the wealthy and elite to protect their assets and is inflation resistant.

Rolling over a portion of your retirement to physical gold and silver and other physical assets is a loophole that the elite have been using for years to protect against inflation and against market crashes. Rises in interest rates can wipe out your retirement account overnight and having physical assets in your portfolio can help you diversity and protect you from economic downturn.

Our no cost, no obligation, FREE guide will give you information about how you can add physical gold and silver to your portfolio to safeguard against another recession.

Act now, before it's too late.

* Source: Kiplinger Inflation Forecast 2017