Inflation is at historical lows here in America, but it is still a very real risk to retirees on a fixed income. Preparing ahead of time can do a lot to curb the effect of inflation on a retiree’s purchasing power. Additionally, the Consumer Price Index has found that retirees are particularly exposed to the effects of inflation, as the health care industry – retirees use at a higher rate than the general population – is particularly subject to inflation. Offsetting inflation risks with products that aren’t fixed or have inflation riders can help keep more dollars in retirees’ pockets.