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Ever wondered how inflation impacts your retirement nest egg? Or how the price shift from eggs to bananas affects your financial plans?
Join Dennis O’Keefe, a seasoned financial planner, as he uncovers the complexities of inflation and its profound implications on your future finances.
Dennis reflects on the evolving inflation rates through the years and breaks down the Consumer Price Index (CPI), providing you with a solid understanding to navigate your retirement in today’s economic climate
Dennis discusses:
- Historical inflation trends [00:02:30]
- Understanding the CPI and its impact [00:08:45]
- Changes in consumer spending habits [00:15:10]
- The disparity in price changes [00:18:05]
- Planning for retirement with inflation in mind [00:26:00]
- And more
Related: Why Retirement Might Be the Hardest Thing You’ll Ever Do — And How to Prepare for It