What If Inflation Rises When I’m Retired?
By C.J. Dixon, Oxford Advisory Group
A: Inflation can erode your purchasing power during retirement, especially over 20–30 years. Building flexibility and some growth potential into your plan helps protect long-term income.
How Inflation Affects Florida Retirees
From everyday food costs in Jacksonville to medical expenses in Lakeland, inflation can raise the cost of living faster than your assets grow. Even small inflation rates compound over decades, impacting travel, healthcare, and lifestyle budgets. If inflation rises even at just 2% a year, your purchasing power over 5 years could go down noticeably.
Planning for Rising Prices
A retirement plan often aims to include both stable and growth-oriented assets. Balancing conservative investments with those that can outpace inflation. Keeping assets in a savings account may eliminate market volatility, but if purchasing power declines, you may still feel like you lost.
Income Strategies That Adjust Over Time
At Oxford Advisory Group, we aim to help retirees create income plans designed to adjust to market conditions and inflation pressures — helping better ensure their plan stays aligned with real-world costs.
Key Takeaway
Inflation is inevitable, but it doesn’t have to derail your retirement. A balanced plan with flexibility and growth potential may better help preserve the value of your income. Check your inflation risk with a complimentary Stress Test, which includes a comprehensive income report for your retirement.
Find a time HERE to chat with a professional and receive your complimentary reports.
Read more FAQs on retirement: https://oxfordadvisorygroup.com/retirement-questions-answered/
Ready to Take The Next Step?
For more information about any of the products and services listed here, schedule a meeting today or register to attend a seminar.
