It’s a real bi+ch being retired and watching a life time worth of savings being ravenously eaten away by the results of rampant DC (both sides) incompetence. What to do? I guess we could climb up to the top of that teetering propped up stock market and roll the dice there. I guarantee there will be fools celebrating as a Biden Godsend the lousy 6% increase we’ll see in social security.
In fact a we all l balanced portfolio of short term investor grade bonds along with time proven equities is an excellent hedge against inflation.
That said I would not commit money you know will be needed in the next 3 yrs or so and you also should keep at least 12-18 months of expenses in cash.
Not incompetence. Driven by Obama’s band of jackals. AOC, Bernie, Ilhan Omar, Pressley, those NYC creeps, Pelosi, etc.