How Can Annuities Address Inflation?
The 900 pound gorilla in every financial room and every retirement discussion is the common fear of future inflation. Our beloved government doesn’t really help with the clarity on this when their CPI (Consumer Price Index) calculations do not even include food or gas. If you think about that fact for a second, it’s utterly ridiculous. We all know that gas prices are at unbelievably high levels, and one trip to your local grocery store is a prime example of inflation in action. Have you priced peanut butter lately?