How Does Inflation Impact Your Retirement Plan?

By: Bryan Beatty

An expert on inflation, Beatty clarified some of the more confusing details of what inflation is, and how it applies to a retirement plan.

Beatty shared the nitty-gritty details explaining:

  • First, the concept of inflation is something that most people think they understand, but on deeper investigation may not necessarily. Can you explain how inflation works in a way that is easy to understand?
  • What causes inflation?
  • Is this a win-lose situation? Specifically, who wins when inflation is high, and who loses? Conversely, who wins and loses when inflation is low?
  • Now, the million-dollar question: In a retirement plan, why is inflation expectation important?

This segment originally appeared on Channel 8's Let's Talk Live program.