Is Inflation Deflating your Retirement Dreams??
We don’t know about you, but when we see the Federal Reserve say “Don’t worry, we’re in control”, we start worrying.
If we aren’t supposed to worry about inflation, what are we supposed to think when we see news articles telling us things like Lumber yards are selling back to suppliers at retail?
This headline sure doesn’t tell us we can expect to pay the same price for a home tomorrow as we did yesterday:
A 325% surge in lumber prices over the past year has pushed new-home prices up by $24,000 a piece
Our world is changing at a rapid pace and if we don’t want to be left behind, our financial education must keep up. If you are reading this article, congratulate yourself on taking the first step to updating your thinking!
After all, only 36% of people between 39 to 54 even have a retirement account. Whether we want to believe it or not, our earning years historically fall significantly after the age of 60. We aren’t just talking about having to work, we are talking about having the ability to work.
For those whose plan is to stick their head in the sand and hope someone catches them when they fall, the future can sound pretty grim. According to CNBC, Social Security’s cost-of-living adjustment isn’t keeping up with prices retirees pay.
We understand that some of these articles aren’t full of cheer, but there is plenty of opportunity out there today, we just have to look through the right lens.
Robert Kiyosaki says “Inside of every problem, lies an opportunity”
Join us next month for our
Retirement Planning Mastermind
May 4th, 2021
1297 FM 247 Office
Huntsville, TX 77320
In this mastermind, we will gather to discuss what we can do immediately to start playing by the “new” rules of the retirement game.
Okay, okay … They are the same rules that thought leaders like The Real Estate Guys, Robert Kiyosaki, and other great investors have been trying to drill into our head for years. But if you’re not on board yet, it’s more crucial than ever to start adapting now.
The best day to plant a tree is today!
