Helping Clients Nearing Retirement Deal with Inflation

Within the past year, the annual inflation rate has skyrocketed into a percentage the US hasn’t seen since the early 80’s. According to the Bureau of Labor Statistics, as of June 2022, the year-over-year increase in consumer prices hit 9.1%1. Find out how to help your clients at or nearing retirement age in this article. 

1) CPI for all items rises 1.3% in June; gasoline, shelter, food indexes rise, U.S. Bureau of Statistics, July 2022