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Fact Of The Week November 17, 2021 Thumbnail

Fact Of The Week November 17, 2021

Inflation is at levels we haven’t seen in 3 decades. How does this affect your financial situation and retirement? Contact Us for an inflation analysis customized to your personal situation.

The Consumer Price Index (CPI), a measure for U.S. inflation, increased 6.2% over the last 12 months and is at the highest level it has been in over 30 years.

Source: Bureau of Labor Statistics Oct 2021

This material is for informational or educational purposes only. Signature Wealth Management Group is registered as an investment adviser with the SEC. Signature Wealth Management Group only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Diversification does not guarantee profit nor is it guaranteed to protect assets.

Consult your financial professional before making any investment decision. The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. Changes in the CPI are used to assess price changes associated with the cost of living.