Inflation Could Make a Comeback

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The Federal Reserve has helped keep inflation fairly low, but current conditions have put additional pressures on the central bank. It’s important to anticipate that inflation will gradually weaken the spending power of a dollar. By adjusting your long–term financial goals upward to reflect the expected effects of inflation, you may be able to avoid the possibility of reaching your goals only to discover that you didn't aim high enough.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jason M. Woodward, MS, J.D., LL.M., Woodward Tax Law | Attorney Advertising

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