Welcome to a new week and a new theme here on the One Minute Retirement Tip!
This week I’m talking about inflation - are we in for higher inflation in the coming years? And if so, what does that mean for you and your retirement?
The problem right now is that our national debt is at a whopping $26 trillion and it’ll grow by another $5 million while you’re listening to today’s One Minute Retirement Tip.
With all this national debt, especially recently with the additional COVID stimulus being pumped into the economy, it’s a relevant time to look at inflation & the national debt and what they both might mean for you and your retirement. So I’ll talk about inflation, the national debt, and you - and how all 3 are related in this week’s tips.
A lot of people make some wrong assumptions about the national debt and the interplay with inflation and your retirement, and the future financial health of this country, so hopefully by the end of this week you’ll have a clear, common sense understanding of the impact on our national debt on inflation and you.
That’s it for today. If you know someone who is close to retirement and needs to hear this week’s message, please share this podcast with them and encourage them to check it out!
Thanks for listening. My name is Ashley Micciche and this is the One Minute Retirement Tip.
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