A Word from the CEO
The past decade saw some of the lowest inflation in the last 60 years. This spring, fueled by the federal stimulus legislation, the vaccine and people's desire to emerge from the pandemic, prices jumped. Is this a short-term blip or the beginning of a long-term trend? What does inflation mean for those living on their investment savings as well as for those building their financial security? What can you do to protect your portfolio from steady erosion by inflation? Our lead story addresses these questions.
Many organizations in the Conservative Movement begin their fiscal year in July. This is also the time that new employment contracts often take effect and staff receive salary increases. If you receive a raise, consider boosting your retirement savings by at least 1% of your salary. Because the contribution is pre-tax, you won't feel it in your take-home pay and you'll reduce your taxes while building financial security. Just speak to your employer about increasing your contribution.
As always, please contact us to discuss any aspect of your financial security. Send us an email with your question
or call 888-JRB-FREE (572-3733).
L'Shalom,