Although cash alternatives are more stable than stocks and bonds, they may not keep pace with inflation. For the 30-year period ending in December 2022, U.S. inflation averaged about 2.49% a year. Thirty years from now, it could cost much more to buy the items you need. NOW: $50 IN 30 YEARS: $105 IN 30 YEARS: $103,541 NOW: $49,507 BAG OF GROCERIES NEW CAR Assumes a 2.49% annual inflation rate. Sources: Refinitiv, 2023, Consumer Price Index for the period 12/31/1992 to 12/31/2022; Kelley Blue Book, 2023
RkJQdWJsaXNoZXIy MTEyOTYzNw==