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Here are Some Warren Buffett-Inspired Moves to Deal with Inflation


Inflation swindles the bond investor ... it swindles the person who keeps their cash under their mattress, it swindles almost everybody.

-- Warren Buffett 

Once you start becoming more financially literate, it's natural to start worrying about inflation. After all, it has averaged between around 2% and 3.5% over many decades -- and even at those low rates, it can take a big bite out of the purchasing power of your retirement nest egg over time. If inflation averages 3% over the next 25 years, a nest egg of $1 million at the end of that time will have the purchasing power of less than $500,000 in 2023 dollars.

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Source Fool.com


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