The Cost of Living Is Rising. Here's How to Make Sure You Won't Run Out of Money in Retirement

The Federal Reserve has also raised interest rates in an effort to curb those price increases. Unfortunately, inflation can be especially bad news for retirees who typically live on a fixed income and rely on savings to help support them. Whether you are currently retired or are planning to leave work in the future and are concerned about the impact of rising prices, there are things you can do to try to ensure your financial security even during tough times.