Inflation Is Still Wrecking Retirement Confidence

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Inflation may no longer dominate headlines like it did in 2022, but it’s still a top concern for many Americans planning for retirement. A recent Schwab survey shows how inflation affects confidence and preparedness for the future. In this episode, Phil explains why the psychological impact of inflation often feels worse than the actual numbers and how perspective matters for long-term planning.

 

Here’s some of what we discuss in this episode:

🔥 Why inflation headlines feel worse than reality

🤔 How “recency bias” can influence your financial decisions

⚠️ Why 401(k) loans and hardship withdrawals should be a last resort

🏦 Social Security COLAs: how cost-of-living adjustments help retirees

🎯 The importance of regularly rerunning your retirement plan

 

Schwab Survey

https://www.usatoday.com/story/money/personalfinance/2025/07/29/inflation-retirement-savings-survey/85413630007/

 

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