Inflation is usually a retirees worst enemy. While it rarely makes big impacts in any single year, over time even modest inflation results in significant reduction in purchasing power of your savings. Even with just 3% inflation, the value of a dollar will be reduced by more than half over a 30 year period. Inflation is particularly damaging to retirees because they are the ones usually more reliant on fixed income, such as pensions, Social Security, and savings instruments like CDs, bonds, and savings accounts. These assets produce an income stream that has little or no inflation adjustments, meaning that their real value to you declines significantly over time. There are a few things you can do to make sure your retirement portfolio is positioned as well as it can be for handling rising inflation: First, diversify and don’t put all your eggs in one basket. Many retirees thought gold would be a good inflation hedge in the early 1980s, and invested heavily in the p
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