Should You Rethink Your Retirement Plans Because of Inflation?

Should You Rethink Your Retirement Plans Because of Inflation?

Although inflation levels have dropped modestly over the past few months, living costs are still sky-high across the board. If you're getting close to retirement, you may be wondering if it pays to put off that milestone and wait for living costs to come down. If you plan to get the bulk of your retirement income from Social Security, then retiring in the near term may not be the best move.