Economy

Major Changes That Could Happen During Your Retirement Lionsgate Advisors

Major Changes That Could Happen During Your Retirement

October 4, 2021
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Do you ever feel like you live in a completely different world than you did 20 years ago? It’s worth thinking about how different it will be in another 20 years. Beyond cultural and personal changes, we could see major economic changes that could affect us in retirement. It’s always worth knowing what’s going on […]

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Three Eroding Forces on Your Retirement Savings lionsgate advisors

Three Eroding Forces on Your Retirement Savings

September 7, 2021
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Over 60% of Baby Boomers are more afraid of running out of money than of dying, according to a recent survey.[1] Even retirees who have saved a substantial amount for retirement may be worried about outliving their savings, and there may be good reasons for this. The potential for higher taxes, inflation, and healthcare costs […]

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How Will Social Security Respond to Higher Inflation?

August 1, 2021
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Inflation is on the rise, and Federal Reserve Chairman Jerome Powell recently testified to Congress regarding the Federal Reserve’s commitment to controlling inflation. He admitted that inflation is “well above target” but didn’t indicate any major changes in Fed policy in the near future.[1] Retirees may need to be concerned about inflation, which can eat […]

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Rising Costs in Retirement: Are You Prepared?

May 24, 2021
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In 1960, a gallon of milk cost 36 cents, and today it costs $3.35 on average.[1] Inflation is to blame, and we could see higher inflation in the coming years. It’s important to have a sense of how much you’ll need to spend in retirement, but this is difficult when future costs and tax rates […]

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