#purchasingpower

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1 month ago

Inflation is eating away at people's pension funds

Royce Shook · Inflation is the general rise in prices of goods and services in an economy over time. When the rate of inflation is high, it can erode the purchasing power of money, including the funds that people have saved for retirement. If the returns on a pension fund do not keep pace with ...

2 years ago

Inflation and planning your retirement

Royce Shook · While the equity markets surge and investors breathe a sigh of relief after a stressful 12 months, we may be hurtling towards a retirement crisis. · As we know our Canada Pension Plan is sustainable and I believe that while pensions will continue to do their job and payout, the r ...

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