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CNBC | Does inflation have you worried about retirement? Here’s what experts say to do

in the news May 18, 2022
inflation and retirement

Inflation may have you worried about your retirement.

"Yet investing in equities is the best hedge against inflation, said Tom Henske, a New York-based certified financial planner.

“One of the main reasons you invest is to protect your purchasing power,” he explained.

The value of cash decreases with inflation. Your investments may also be affected, but generally equities have held up well against inflation over the last three decades, a 2020 analysis by the U.S. Bank Asset Management Group found."

Read more: https://www.cnbc.com/2022/05/17/what-experts-say-to-do-with-your-retirement-savings-amid-inflation.html

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