Rising prices are here to stay. Use these investments to beat the inflation trap.
by Elizabeth O’Brien
Barron’s
For a generation of retirees, inflation was an afterthought. Today, it’s a disquieting threat, lurking like a sea monster that may surface again.
It’s a valid concern. While the Consumer Price Index is down to 2.6%—from a peak of 9% in 2022—inflation may prove tough to keep at bay. Whether President-elect Donald Trump’s policies will reignite price gains remains to be seen. Either way, investors should inflation-proof their portfolios to bolster retirement income.
“It’s not just a bump in the road or a blip,” says Dan Griffith, director of wealth strategy for Huntington Private Bank in North Canton, Ohio. “It’s something you need to plan for.”