Research Reveals How High Inflation Affects Elderly Households
Wednesday, 15 May 2024, 18:46
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Impact of Inflation on Older Households
High inflation poses challenges for retirees and near retirees, affecting their ability to make their money last amid rising prices.
Key Risk Factors
- Retirees and near retirees are particularly vulnerable to the harmful effects of high inflation.
- Research shows that two factors play a crucial role in determining who is most at risk.
Understanding these risk factors is crucial for managing financial well-being in the face of rising inflation.
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