How to Inflation-Proof Your Retirement

I’ve done quite a few interviews recently and the main questions always seem to be: where are we now when it comes to the economy, where are we going and how can we protect ourselves.

My answer usually starts with inflation which has been hot but is finally showing signs of cooling off – not by a lot but we’ll take whatever we can get. I explain why we have inflation in the first place and also cover wage inflation and how those costs get passed on to the consumer.

As a retiree, how can you protect yourself against rising inflation as you move 10, 20 and 30 years into retirement? My number one tip is to start planning early – a good 10 years or more before you retire.

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