High inflation has been on everyone’s mind, and you may be wondering what you can do to take action.
What Issues Should I Consider When Dealing with High Inflation? will help you explore ways to address high inflation and set your financial expectations appropriately.
This checklist covers key issues to consider when dealing with periods of high inflation, such as:
- The impact inflation may have on your cash flow and budgeting.
- The effects of inflation on your assets, and solutions that may be considered to mitigate those effects.
- Certain tax planning ideas that may be relevant in light of high inflation.
- Other miscellaneous areas of your financial plan that may be affected by high inflation.
If you are thinking about or nearing retirement, check out our blog, “Big Retirement Questions: What if Inflation is High?”
If you are concerned about how to factor inflation into your financial planning, please contact our team any time.
Please remember that different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this content, will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for you or your portfolio. Due to various factors, including changing market conditions, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this newsletter (article) serves as the receipt of, or as a substitute for, personalized investment advice from Searcy Financial Services, Inc.
The content of this letter does not constitute a tax or legal opinion. Always consult with a competent professional service provider for advice on tax or legal matters specific to your situation. To the extent that a reader has any questions regarding the applicability of any specific issue discussed in this content, he/she is encouraged to consult with the professional advisor of his/her choosing.
Published for the blog on June 14, 2022 by Searcy Financial Services, your Overland Park, Kansas Fee-Only Financial Planner and Investment Manager.