Sep 21, 2020
In episode 296 of Financially Simple, Justin looks at Inflation and how it affects Retirement.
Inflation is a complex market force that differs for most commodities and can swing like a pendulum depending on external factors impacting the world at large. In this episode, Justin explains what Inflation is, how COVID-19 and the CARES Act have influenced inflation over recent months, how it will affect your Retirement Plans, and what can be done about it.
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00:49 - Could the CARES Act Cause Inflationary Concerns to Our Retirement Wealth Gap?
02:44 - Inflation in the Light of COVID-19
04:17 - The CARES Act
06:07 - What is Inflation?
10:00 - The Power of Inflation
14:26 - How Do We Deal With Inflation And Why is it a Big Deal?
17:32 - Summary
19:30 - One Last Question
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Justin A. Goodbread, CFP®, CEPA,
CVGA, is a nationally recognized financial planner, business
educator, wealth manager, author, speaker, and entrepreneur. He has
20+ years of experience teaching small business owners how to
start, buy, grow, and sell businesses. He is a multi-year recipient
of the Investopedia Top 100 Advisor and 2018 Exit Planning
Institute’s Exit Planner Leader of the Year.
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