-———devalue it through inflation.———
You misunderstand the plan.
If halfway decently invested the plan will inflate too. That inflation will be salvation for Social Security
Only if poorly or haphazardly invested will a 401k be worth less
You misunderstand the plan.
If halfway decently invested the plan will inflate too. That inflation will be salvation for Social Security
Only if poorly or haphazardly invested will a 401k be worth less
I hope your correct, however plans don’t always work out.
What I’m seeing right now is deflation in wages and property and inflation in the cost of living.
I think that in the future you will see lots of older folks working and also lots of families living together.
This will put downward pressure on property. Not sure if the stock market can keep up with inflation.
As always the best investment is in your self. Your knowledge and health.