“Inflation Forcing Retirees Back into Jobs” 1
“Everything Costs More, and That’s Disrupting Retirement for Many” 2
Headlines like these have been common in the news lately. While inflation is not the only factor in the “unretirement” trend that has been forming recently, it is arguably one of the most unwelcome.
In today’s environment of inflationary pressure, rising (yet still low) interest rates, and market volatility, retirees may be faced with increased distribution needs at a time when both equities and bonds have decreased in value. And those who chose a monthly pension payout as a primary income source may be particularly at risk of a shortfall, as most pensions do not have a cost of living adjustments.
It’s not just retirees that are worrying about rising costs.
A recent Gallup poll found that nearly 60% of Americans are worried about inflation “a great deal”, on par with the percentage that reported a great deal of worry about the economy in general.
A proactive financial plan can help mitigate these worries. Integras Partners’ strategies are designed to align risk with anticipated spending needs over segmented time horizons. Short to medium-term spending needs are funded from strategies designed to preserve capital and generate income with minimal volatility. The income-generating strategy includes investments that typically keep ahead of inflation, such as companies with a history of dividend growth and real estate.
Our goal is to provide the peace of mind to withstand shorter-term headwinds, now and in the future. If you’re interested in learning more, reach out to us about your situation.
For More Help: Learn About the benefits of adding Real Estate Investments to your Retirement Portfolio.
1 NewsNation: https://www.newsnationnow.com/business/your-money/inflation-forcing-retirees-back-into-jobs/ 2 WSJ: https://www.wsj.com/articles/everything-costs-more-and-thats-disrupting-retirement-for-many-11649669401?st=1w19cm5vk4tnh3r&reflink=share_mobilewebshare