Your account balance may stay the same or even continue growing, but that does not necessarily mean your money is maintaining its value. As the cost of housing, groceries, healthcare, travel, and everyday necessities rises, each dollar can gradually purchase less than it did before.
This loss of purchasing power is easy to overlook because it does not appear as a withdrawal or fee on a financial statement. Instead, its effects emerge slowly through higher prices and a retirement income that may no longer stretch as far as expected.
In this episode of Coasting in Retirement, Josh Null is joined by John Luke Tyner of Aptus Capital Advisors to explain why purchasing power declines and what that can mean for savers and investors.
They discuss the forces that influence the value of money, the risk of holding too much in assets that fail to keep pace with rising costs, and the role an investment strategy may play in protecting future spending ability.
Could an investment that feels safe today create a different kind of risk over time? And is your financial plan designed around the number of dollars you have or what those dollars will actually buy?
Listen to the full episode to learn why purchasing power can quietly threaten your money and what you may be able to do about it.
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