Today’s precarious economic environment makes a strong argument for alternative retirement investments for the post-pandemic era. This, at least, is the prevailing sentiment among many investors and market-watchers who fear the effects of inflation, high borrowing costs, unstable foreign capital markets, and a potential stock market pullback.
In fact, the year-over-year rise in the Consumer Price Index (CPI) for the 12-month period ending September 2021 was a staggering 5.4 percent. This jump exceeded expectations, and constitutes the biggest leap in the CPI since 2008, at the height of the global financial crisis.
