Will Worried Inflation Ruin Your Retirement? Here’s what to do | Personal finance

  Will Worried Inflation Ruin Your Retirement?  Here's what to do |  Personal finance

Don’t let inflation fears drag you down

These funds are a good bet for a couple of reasons. First, because all index funds are passively managed, they tend to charge very low fees (unlike some of the other funds you might find in your 401(k) plan). Also, S&P 500 index funds in particular offer instant diversification, since they effectively track the broad market.

Highlights

  • Inflation is part of our economic cycle, but it also has the potential to make retirement financially stressful. By investing your savings strategically, you can do your part to give yourself an edge, even as the cost of living climbs over time.