According to recent surveys by the Federal Reserve and insurance giant Nationwide, inflation has significantly impacted the retirement plans and day-to-day finances of everyday Americans.
“More than six in 10 investors said their expectations for retirement have changed ‘significantly’ in the last five years, while about 50% said their dreams for retirement have been delayed, altered, or canceled as a result of the economic conditions seen in the last five years.”
—Fox Business, May 21, 2024
How can Americans hedge their retirement plans against the effects of inflation?
Click on the video link below for exclusive executive insights on this topic from Edmund C. Moy, 38th Director of the U.S. Mint and Senior IRA Strategist for U.S. Money Reserve.
Related headlines from around the web:
- Fox Business: “High inflation is changing the way Americans retire”
- MarketWatch: “Two-thirds of Americans say inflation has made their financial situation worse”
- CNBC: “Gold, silver, and copper rally has just taken a breather—new highs are not that far off, experts say”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.
