IGNORING THE IMPACT OF INFLATION
Inflation is a major threat to your retirement, said Todd Tresidder, financial coach and founder of Financial Mentor.
“It’s a hidden tax on savings. You have no control over it, it can’t be predicted and it has an insidiously compound, erosive effect,” he said. “It gnaws away at an otherwise healthy retirement like cancer to a healthy body.”
Stay abreast of inflation costs to avoid unpleasant surprises down the line.
