Yesterday, Matt updated you on one of the biggest financial stories of the decade…
Something we’ve been calling the “Secret retirement-killer.”
This could potentially cost every American thousands of dollars each year, even tens or hundreds of thousands…
And it could crush your retirement plans.
What’s this retirement-killer I’m referring to? Inflation.
You see, the latest data coming out of Washington today reveals that this problem is much worse than anyone had expected.
So today I’ll share some of the startling details with you…
And then I’ll help you put a plan in place, so you can protect everything from your monthly paycheck to your investments.
The Greatest Crisis of Our Time
As Matt explained yesterday, inflation is a progressive increase in the prices of goods and services.
In other words, when inflation is high, your dollars don’t buy as much as they used to.
Normally, this isn’t something you need to think much about. That’s because, historically, inflation has gone up by just 2% to 3% a year. At levels like that, you don’t notice much impact year to year.
But we’ve recently entered an economic era with “hyper-inflation.”
In fact, earlier today, The Bureau of Labor Statistics reported that for the 12 months ending in January, inflation soared to 7.6%.
As you can see in the chart below, because of the U.S. government’s out of control money-printing, as well as recent shocks to the global supply-chain, inflation is dangerously high right now:
If this persists, you could soon be paying double for everything — from your gas and groceries, to your housing and car costs.
For instance, over the last 12 months, food prices have jumped by 7%...
And gas and energy prices have shot up by 27%.
Not only is this costing you thousands of extra dollars each year…
But it’s also putting any retirement savings you’ve built up at grave risk!
You see, if prices keep rising at this rate, in a few years, your entire nest-egg could be worth just half of what it is today.
Meaning, it would only last half as long as you were counting on.
For many Americans, this would be disastrous.
Your Crisis Battle-Plan
This is why we believe you need to do everything you can to get ahead of this crisis.
Not only do you need a plan to shore up and grow your nest-egg…
But you also need a plan to generate extra income — so you can handle all the price increases coming in the future.
Now, as you probably know, there aren’t many good “traditional” investment options today.
I mean, you can’t just sock your money away in cash. Most banks are paying far less than 1% on your deposits. So, with inflation sitting at 7.5% right now, you’re basically losing 6% or 7% each year.
How about investing in the stock market? Well, that might’ve been a good idea when inflation was at 1% or 2%, but not anymore…
Historically, stocks have returned roughly 7% a year. So given where inflation is today, you’ll barely make a dime when all is said and done.
Meanwhile, basic income-generating investments aren’t any help, either.
For instance, long-term government bonds are paying just 1.7% right now, and the average yield on corporate bonds is just 2.5%.
As you can see, these traditional options aren’t going to get you where you need to be…
But not to worry — hope is not lost…
We’re in the final stages of preparing a special Investor Briefing we’ll be releasing next week…
In this Briefing, we’ll share all of our research on the current inflationary crisis…
And most importantly, we’ll show you how, with a few simple steps, not only could you protect yourself and your portfolio…
But you could also dramatically boost your income and savings — no matter how old you are, and no matter how much money you have to invest.
So stay tuned…
Matt will be releasing all of our findings next Wednesday, February 16th!