Inflation: A $1,404 Gift to Some, an Obstacle to Others in Retirement

Daniel Foelber and Christy Bieber, The Motley Fool
·6 min read
Inflation: A $1,404 Gift to Some, an Obstacle to Others in Retirement

By the end of 2021, The Federal Reserve sees unemployment falling to just 4.5% and inflation rising to 2.4% -- which could save U.S. households holding debt an average of $1,404. Here's why rising inflation could be a good thing if you have debt but a bad thing if you're in retirement. In just one year, the U.S. has gone from virtually 0% inflation and 15% unemployment to 2.6% inflation and 6% unemployment.