6 Ways to Protect Your Retirement Savings from Inflation
Invest in Inflation-Protected Securities– TIPS bonds adjust with inflation, preserving purchasing power by increasing principal with the Consumer Price Index (CPI).
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Diversify Your Portfolio
– Spread investments across stocks, bonds, and commodities to reduce inflation's and stabilize returns.
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Invest in Real Estate
– Real estate typically appreciates over time, often matching or surpassing inflation, providing steady, inflation-adjusted income.–
Consider Commodities and Precious Metals
Gold, silver, and other commodities often rise with inflation, adding balance to your diversified portfolio.
Delay Social Security Benefits
Delaying Social Security until 70 boosts monthly payments and secures higher inflation-adjusted income.
Invest in Dividend-Paying Stocks
– Dividend-paying stocks offer regular income and can increase payouts over time, helping to combat inflation.