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One of the biggest changes of the past year has been the record number of Americans who are quitting their jobs. It’s so pronounced that it has a name. It’s called “The Great Resignation.”
What The Great Resignation means for retirement planning is just one of the items on Christine Benz’ financial to-do list this year. Another major area of focus is adjusting to much higher inflation. Consumer Prices increased 7% in December versus a year ago, the fastest increase since 1982 and the third month in a row that inflation exceeded 6%.
This elevated rate of inflation presents a big planning challenge. Benz, who is Morningstar's Director of Personal Finance, is joining us for the fourth year in a row to help us get in financial shape for a new year and will tackle these important changes among others.
WEALTHTRACK #1829 broadcast on January 14, 2022
More info: https://wealthtrack.com/rising-inflation-interest-rates-expensive-markets-call-for-reassessing-retirement-plans/
30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances: https://amzn.to/3FlPtGZ
Morningstar Guide to Mutual Funds: Five-Star Strategies for Success: https://amzn.to/3fmW2i5
By Consuelo Mack4.6
256256 ratings
One of the biggest changes of the past year has been the record number of Americans who are quitting their jobs. It’s so pronounced that it has a name. It’s called “The Great Resignation.”
What The Great Resignation means for retirement planning is just one of the items on Christine Benz’ financial to-do list this year. Another major area of focus is adjusting to much higher inflation. Consumer Prices increased 7% in December versus a year ago, the fastest increase since 1982 and the third month in a row that inflation exceeded 6%.
This elevated rate of inflation presents a big planning challenge. Benz, who is Morningstar's Director of Personal Finance, is joining us for the fourth year in a row to help us get in financial shape for a new year and will tackle these important changes among others.
WEALTHTRACK #1829 broadcast on January 14, 2022
More info: https://wealthtrack.com/rising-inflation-interest-rates-expensive-markets-call-for-reassessing-retirement-plans/
30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances: https://amzn.to/3FlPtGZ
Morningstar Guide to Mutual Funds: Five-Star Strategies for Success: https://amzn.to/3fmW2i5

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