5 Ways to Fight Inflation’s Impact on Your Retirement Plan

Rather than panic, retirees and pre-retirees can take steps to combat inflation’s invasion, starting with an in-depth budget analysis.

A young woman has her fists up, ready to fight inflation's impact on her portfolio.
(Image credit: Getty Images)

As high inflation persists, so does worry among retirees and workers who are within a few years of retirement. One survey found that inflation is America’s biggest issue, and worry about it is acute among those 50 and older. Another survey found four out of five Americans in that age bracket express unease about inflation in retirement, with 84% of pre-retirees having that sentiment compared to 76% of retirees.

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Bruce Porter
President, The Resource Center

Bruce Porter is president of The Resource Center, an independent insurance agency and financial services company that he established in 2001. He is an investment adviser representative, is Series 65 licensed, and also holds insurance licenses in life, accident and health, and property and casualty. Porter is a weekly guest commentator on KOLR 10’s Ozarks Live and a board member for The Springfield Workshop Foundation. (Appearances on KOLR 10’s Ozarks Live is a paid placement.)