Could the CARES Act Cause Inflationary Concerns to Our Retirement Wealth Gap

In episode 296 of Financially Simple, Justin looks at Inflation and how it affects Retirement.

Inflation is a complex market force that differs for most commodities and can swing like a pendulum depending on external factors impacting the world at large. In this episode, Justin explains what Inflation is, how COVID-19 and the CARES Act have influenced inflation over recent months, how it will affect your Retirement Plans, and what can be done about it.

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TIME INDEX:

00:49 - Could the CARES Act Cause Inflationary Concerns to Our Retirement Wealth Gap?

02:44 - Inflation in the Light of COVID-19

04:17 - The CARES Act

06:07 - What is Inflation?

10:00 - The Power of Inflation

14:26 - How Do We Deal With Inflation And Why is it a Big Deal?

17:32 - Summary

19:30 - One Last Question

 

RESOURCES:

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BIO:

Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. He has 20+ years of experience teaching small business owners how to start, buy, grow, and sell businesses. He is a multi-year recipient of the Investopedia Top 100 Advisor and 2018 Exit Planning Institute’s Exit Planner Leader of the Year.

DISCLOSURES:
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