Inflation Risk

When you see the term “inflation” in the newspaper, it refers to a change in the Consumer Price Index (CPI), which tracks the costs of goods and services typically purchased by consumers. This government figure is good for measuring economic activity for the country at large, but does little for individuals who have buying habits based on their age, lifestyle, and where they live that are different from the typical consumer’s.If you spend a lot on goods and services with high inflation rates, such as college and medical expenses, the CPI significantly understates the impact that inflation is having on you.

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"Greg Gilbert and James Simos" are registered representatives of FINRA member firm, "Infinity Financial Services."

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