Learn how you can protect your income stream from inflation... ( read more )
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Inflation Protection for Your Income for Life Inflation is a fact of life that many people tend to ignore or forget about. However, ignoring inflation can have serious consequences for your retirement income. If you want to secure your income for life, it's important to understand the impact of inflation and take steps to protect yourself. The impact of inflation Inflation is the rate at which the general level of prices for goods and services is rising, and subsequently, the purchasing power of money is decreasing. In other words, the same amount of money buys less than it used to. This means that if you have a fixed income, such as a pension, your purchasing power will erode over time. For example, let's
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