Tag: retirement security
Abstract U.S. inflation peaked at 8.9 percent in June 2022, and, while the rate has declined substantially since then, inflation remains an important concern. This paper uses a new survey of households and financial advisors to examine how near retirees and retirees responded to recent inflation. The survey asks respondents how inflation affected their labor…
The report’s key findings are: High inflation tends to harm older households, but the size of the impact varies due to three factors…
