Key Takeaways Inflation is a decline in purchasing power over time. When prices rise, currency (e.g., U.S. dollar) buys fewer goods and services. High inflation is concerning for all Americans but especially for older adults living on fixed incomes. To fully understand the impact of inflation, let’s apply the Rule of 72, which calculates the […] The post Inflation-Fighting Strategies for Older Adults appeared first on National Debt Relief.
