It’s important to take inflation into account when making retirement investments. The steady rise in the cost of goods and services over time is referred to as inflation. This implies that when prices rise, your money’s purchasing power falls. In order to satisfy your financial needs and keep the same level of living, you will therefore need to have a bigger amount of money available to you in the future.
4 simple ways to protect your retirement corpus from inflation:
- Invest in equities
- Diversify your portfolio
- Invest in floating-rate bonds funds in
- Be future-ready