Inflation Update in 2022
Cash has a hard time keeping up with inflation, so it’s important to be aware of how easily it can turn savings into a loss by weakening purchasing power. Rather than relying on traditional savings accounts, exposing your money to the markets could earn better returns that keep pace with or, possibly, outperform the negative effects of inflation.
Investment choices have broadened over the past decade, providing more flexibility to build a portfolio with growth potential that remains safely within your tolerance for risk.
Speak with your advisor, who can help you take advantage of new opportunities as they arise and ensure your finances can stand up to potential challenges.