Inflation does not discriminate. Just like it’s squeezing everybody’s wallet, it’s hitting almost every investment in a retirement account.
Stocks have been shaky this year, with the S&P 500 at one point dropping more than 10 percent from its record, mostly because of inflation worries. Bond prices have also tumbled. Before gold’s recent spurt due to Russia’s invasion of Ukraine, the metal with a reputation as an inflation protector was coming off its worst year in the last six, even though inflation surged to the highest level in generations.
