71% of retirement age investors worry rising inflation will negatively affect their savings, survey finds

71% of retirement age investors worry rising inflation will negatively affect their savings, survey finds

71% of retirement age investors worry rising inflation will negatively affect their savings, survey finds - Rising inflation is a big worry for one group — retirement age investors — a new survey shows. - Those ages 59 to 75 with more than $250,000 in investable assets are concerned about finding steady retirement income. - Another financial risk that also ranks high on their list: What another surge of the Covid-19 pandemic could bring. Federal Reserve officials are worried that inflation could last longer than they had anticipated, according to minutes from a recent meeting released this week. Now, a survey from Global Atlantic Financial Group shows that retirement age investors ages 59 to 75 are concerned inflation could wreak havoc on their investments. More than 7 out of 10 …
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