New inflation numbers came in lower than expected. October's Consumer Price Index was 3.2%, down from September’s 3.7% and the core CPI (which excludes food and energy prices) dropped one-tenth to 4.0%. Still, the numbers are higher than the Fed’s goal of 2%. And even though it recently passed on raising interest rates again, the Fed vows to continue its fight.
On this episode Frank and Frankie Guida delve into the impact of inflation on not just your holiday budget, but your retirement portfolio for all Thanksgivings still to come.
We hear from Shark Tank's Kevin O'Leary who says where he thinks the Fed may go, sparking a conversation on the crucial necessity to incorporate inflation into your financial plan.
Learn how proper planning, with things like lower risk investments, may help ensure your income not only meets today's needs but grows with you over time.
Visit A Better Way Financial.com to start your journey to a better financial future.
Read our book! Amazon Best Seller, “The Book on Retirement: A Better Way to Stretch Your Retirement Dollars While Living the Lifestyle of Your Dreams.”
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