Apr 30
When the Economy Slows But Prices Don’t
There is a word showing up everywhere right now. Stagflation. It sounds like jargon. It is not. And for people nearing or in retirement, it may be one of the more important concepts to understand right now. Of the many risks a retiree faces, inflation is often underestimated because it works gradually rather than all at once. And stagflation is what happens when inflation refuses to cooperate. So What Is Stagflation? At its core, stagflation is a difficult combination: Prices keep rising The...