06.27.22
Inflation Causes Shift in Retirement Priorities
by: Gregg Greenberg
According to a study from Principal Financial Group, 71 percent consumers said their key goal in retirement is “maintaining my standard of living,” while 44 percent cited splurging periodically in retirement as a priority. About 40 percent said they feel that they’re behind in their retirement savings and that the spike in inflation has them worried about their ability to make up the shortfall.
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