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New CPI Numbers, Just How Bad Are They? -Ask Brad Williams #5923
Kerry Lutz and Brad Williams discussed the recent CPI numbers and the impact of inflation on investments and retirement planning. Brad recommended that retirees should consider alternative sources of investment that perform well during high inflation and allocate a portion of their assets to precious metals. They also emphasized the importance of de-risking and shifting towards income-oriented investments as retirement approaches.
Brad advised that retirees should work with an advisor who understands the income phase of their life and consider guaranteed sources of income such as certain annuities. Additionally, they briefly touched on the geopolitical situation and its potential impact on interest rates.
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