Category: Economy

There are reasons to be optimistic about 2022 but there are also reasons to be worried Everyone is wondering if we will see more inflation in 2022 where the market is headed and the effects of a new COVID variant...

Will We See More Inflation in 2022? Millstone Financial

Do you ever feel like you live in a completely different world than you did 20 years ago It s worth thinking about how different it will be in another 20 years Beyond cultural and personal changes we could see...

Major Changes That Could Happen During Your Retirement Millstone Financial

You ve probably heard about or experienced the effects of inflation 8211 everyday items can cost more and the monthly inflation numbers make the news While the increased costs we see on a regular basis can have an impact on...

The Potential Hidden Costs of Inflation Millstone Financial

Over 60 of Baby Boomers are more afraid of running out of money than of dying according to a recent survey 1 Even retirees who have saved a substantial amount for retirement may be worried about outliving their savings and...

Three Eroding Forces on Your Retirement Savings Millstone Financial

Inflation is on the rise and Federal Reserve Chairman Jerome Powell recently testified to Congress regarding the Federal Reserve s commitment to controlling inflation He admitted that inflation is well above target but didn t indicate any major changes in...

The Consumer Price Index CPI rose to 4 2 in April as compared to last year 1 We could see higher prices when it comes to travel food cars and other common goods and services High inflation can hurt retirees...

In 1960 a gallon of milk cost 36 cents and today it costs $3 35 on average 1 Inflation is to blame and we could see higher inflation in the coming years It s important to have a sense of...

We ve seen increased government spending due to COVID and significant increases in government debt Some economists theorize that this could lead to increased inflation and many claim that we are already seeing the effects Although the official inflation rate...