Inflation Tops Financial Worries Among Retirees: Goldman Sachs
About 51% of surveyed retirees report living on less than half of pre-retirement annual income. Inflation is leaving many retirees concerned.
About 51% of surveyed retirees report living on less than half of pre-retirement annual income. Inflation is leaving many retirees concerned.
We look at what the resurgence of inflation means for thematic investing.
In 2022, Bitcoin and Ethereum both lost around 2/3s of value for year so far. When U.S. inflation is running around 8% and market risk is elevated.
Survey showed degree which black and Hispanic retirees tend to have less saved for retirement than white retirees, as well as unmarried.
El-Erian told CBS “Face The Nation” on Sunday that he predicts the headline inflation “will probably come down to around 8%”.
With a dovish Federal Reserve pivot seemingly off the table after last week’s employment report, risks for speculators are running high.
Fed closing ranks around goal of quickly raising their benchmark interest rate to around 4.5% then holding there, while being prepared to go higher