Tuesday, July 8, 2014

Inflation Heating Up Across The Globe: Is Your Retirement Income At Risk?

As the world struggles to recover from the Great Recession, governments have done everything they could think of to get the economy moving again. One of these strategies was to pump the marketplace full of cash – basically by printing money. It may have worked in the short term, but it’s a very dangerous long-term game with potentially devastating effects for retirees. Now, the consequences seem to be catching up to us as the threat of inflation rises.


MarketWatch.com article reports:
Inflation is not just heating up in the U.S. Price pressures are growing globally, according to a research note from J.P. Morgan.
The brokerage powerhouse says its global inflation index jumped to 2.6% in May from 2.1% in February on a year-over-year basis. That’s where J.P. Morgan expected the pace of inflation to end up by year end. And the firm’s core inflation index, which strips out food and energy, has climbed to 2.1% from 1.8% a few months ago.


What’s surprising, J.P. Morgan economists say, is that the increase in inflation is not mainly due to higher food and energy prices. They say the sudden uptick in inflation suggests that companies are “regaining some pricing power.” In other words, companies around the world are able to pass the higher costs of doing business onto their customers by charging more.


What would happen to your lifestyle if it cost $10 for a gallon of gas? If your portfolio isn’t protected against the corrosive power of inflation, your future is at risk. As if that wasn’t bad enough, the Obama 2015 Budget Proposal plans to overhaul many retirement benefits. Learning about these changes now could be the difference of hundreds of thousands of dollars. Learn from my newly released book What To Do At 62 – How To Have a Protected Retirement Income Plan. Simply register for our new educational webinar at LearnHowToRetireNow.com


Inflation is a serious threat, and it’s growing worse every day. It’s more important than ever that you have a solid retirement plan – and we can help. We will reduce your vulnerability to market risk, as well as your exposure to taxes and inflation. We eliminate market risk; in the last decade, NONE of our clients have lost a single dime in the market. Prior gains can’t be lost, either.  This is why our clients have averaged over 8% during the worst economic downturn since The Great Depression.
Inflation is every investors worst nightmare. Take action to protect yourself today. To learn more, please visit LearnHowToRetireNow.com.

No comments:

Post a Comment