My Smart Retirement

A rose by another name is just as sweet... You've probably heard this saying or a variation of it before. The names we assign things can make our perception of them different, we hold different values towards them. On today's show, we will be discussing the importance of names and values, inflation, and how we can rebrand our retirement plans. Inflation is everywhere in the news these days. The S&P is continuing to hit all-time highs. The cost of living continues to rise. Our perception of these things is often influenced by what we hear from others but they have real impacts on our retirement plans. We keep hearing that this round of inflation is "transitory" but that isn't really true. There has been a 34% increase in money pumped into the economy over the last 18 months. What about inflation rates? It's hard to know when the Federal Reserve will raise them. It may be in July of next year or they may wait until after the midterm elections. Whenever they decide to raise them it's likely to only be a quar