• About
  • Advertise
  • Privacy & Policy
  • Contact
Thursday, December 8, 2022
  • Login
Uncanceled News
  • Home
  • Contact
No Result
View All Result
  • Home
  • Contact
No Result
View All Result
Uncanceled News
No Result
View All Result
Home Commentary

Majority of Americans Fear Soaring Inflation Will Impact Spending Power in Retirement

While many Americans are concerned about how they'll feed their family next month, even those who were previously financially secure are questioning their futures.

by Katabella Roberts
July 13, 2022
in Commentary, Lede, Top
Reading Time: 3 mins read
0 0
Retirement

Editor’s Note: The article below by Katabella Roberts from our premium news partners at The Epoch Times details why so many Americans are protecting their wealth with physical precious metals and protecting their retirement with Gold and Silver IRA accounts. Check out our two precious metals sponsors who specialize in each of these.


The majority of Americans aged 45 to 75 are concerned that soaring levels of inflation may reduce their spending power when it comes to retirement, according to a new survey.

The Protected Retirement Income and Planning Study by CANNEX and the Alliance for Lifetime Income was published on July 11 and conducted among 2,025 American consumers aged 45 to 75, and 514 financial professionals, between April and May 2022.

Financial professionals that were surveyed conduct retirement planning for individual clients.

Prepper Meds – Protect yourself now AND if the crap hits the fan with these amazing products for your home:
✔️ Boost your immune system with Nutraceutical by Dr. Zev Zelenko
✔️ Beat supply chain issues and future pharmaceutical tyranny with 5 Antibiotics Delivered to Your Home
✔️ Be ready to help yourself and your family with the World’s Best Med Kit

Specifically, the survey found that 81 percent of Americans aged between 45 to 75 said they were worried that high inflation would reduce their spending power in retirement, while 79 percent fear that an economic recession could impact on their retirement income.

The survey comes as inflation climbed 8.6 percent in May from a year ago, marking the biggest 12-month increase since the period ending December 1981.

As a result, the survey found that 60 percent of consumers reported reducing their spending because of inflation.

Those fears regarding inflation, market volatility, and a potential recession are also being felt among financial professionals too, with the survey finding that nearly 78 percent have changed their approach to retirement planning in the last year, of which 82 percent cited soaring inflation as a reason behind making the change.

“Against the backdrop of record inflation, a bear market and global economic uncertainty, the misalignment in what financial professionals are relying on to create retirement income, and what clients are looking for, is a problem,” said Jean Statler, CEO of the Alliance for Lifetime Income.

Mounting Costs

“Ninety-two percent of financial professionals are worried about inflation reducing client spending power, and so it’s good that many of them have changed their retirement planning approach this past year. But for those financial professionals who tell their clients to simply ride out the risks and are not considering protected income options like annuities, don’t be surprised if you find them going elsewhere for advice.”

The latest survey comes as fears of an impending U.S. recession continue to mount while everything from household essentials to food have increased substantially in recent months as global economies gradually reemerge from the COVID-19 pandemic and the fallout from Russia’s invasion of Ukraine drives up prices worldwide.

Those costs are being felt exponentially when it comes to gasoline prices, which currently stand at a national average price of $4.655 in the United States, having surpassed $5 highs in mid-June, according to AAA.

Between Central Bank Digital Currencies being tested in America and the globalist elite cabal pushing for The Great Reset when the “tests” are over, it’s clear Americans need to move their wealth and retirement to precious metals ASAP. Here are three America-First companies that do not donate to Democrats or work with the CCP.

This time last year, the national average price of a liter of gasoline was $3.147.

In an effort to prevent an economic downturn from happening, the Federal Reserve in mid-June raised its benchmark interest rate by 0.75 percentage points, marking the biggest hike since 1994.

Despite fears of an upcoming economic downturn being on the horizon, Biden administration officials have insisted that the United States can avoid a full-blown recession.

On Sunday, Commerce Secretary Gina Raimondo told ABC’s “This Week” that the U.S. economy is fundamentally “very strong” and that she does not “see any reason to think that we will have a serious recession.”

MPS Mega 1-year

“We recovered all the jobs since the pandemic. People’s household balance sheets are strong. Companies are doing well. Companies are hiring. Companies are growing,” Raimondo said.

Meanwhile, Goldman Sachs Chief Economist Jan Hatzius on Monday reiterated the investment bank’s view that the U.S. economy faces a 30 percent chance of a recession in 2023.

Bill Pan contributed to this report.



Most “Conservative” News Outlets Are on the Big Tech Teat

Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.

I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.

The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.

We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.

Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.

The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

Our network is currently comprised of six sites:

  • NOQ Report
  • Conservative Playlist
  • Freedom First Network
  • Based Underground
  • Uncanceled News
  • Our Gold Guy

We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.

Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.

While donations are the best way to help, you can also support us by buying through our sponsors:

  • MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
  • ZStack: Improve your immune system with the Z-Stack protocol or rejuvenate your body from vaccines or shedding with Z-DTox by Dr. Vladimir Zelenko.
  • OurGoldGuy: Tell them JD sent you in your request to buy gold and it will help us… AND (wait for it) you’ll be helping a patriotic, America First company.
  • MyPatriotSupply: Stock up on long-term food, survival gear, and other things that you’ll need just in case things don’t recover and we keep heading towards apocalypse.

We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).

Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.

Thank you and God Bless,
JD Rucker

Bitcoin: 32SeW2Ajn86g4dATWtWreABhEkiqxsKUGn


All ORIGINAL content on this site is © 2021 NOQ Report. All REPUBLISHED content has received direct or implied permission for reproduction.

With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!

JD Rucker – EIC
@jdrucker


 

Tags: GoldInflationLedeRetirementSilverThe Epoch TimesTop Story

Bypass Big Tech Censors



My Shows

The JD Rucker Show (Rumble)
The JD Rucker Podcast (Apple)
Red State Talk Radio (M-F 2pm ET)
America Out Loud (M-F 7pm ET)
America First Report (Substack)
The Late Prepper (Substack)
End Medical Tyranny (Substack)

Our Sponsors

 
MyPillow Promo Code

MyPatriotSupply

Z-Stack Life

Precious Metals

Shows

Will Arizona Be the First Domino to Finally Fall in Our Fight Against Voter Fraud?

With Election Fraud Deniers Everywhere, Is There ANYTHING We Can Do to Fix This?

Stolen Elections Have Consequences

Elections Were Stolen: Do NOT Let Them Gaslight You Into Thinking Otherwise

If Arizona Gets Stolen, Here's How to Fight It

Is a Full-Blown Recession Inevitable After the Red Wave Went Bust?

The Election Was Rigged to Quash America First Patriots and "MAGA Republicans"

Bypass Big Tech Censors

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2021 uncensored news.

No Result
View All Result
  • Contact

© 2021 uncensored news.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Session expired

Please log in again. The login page will open in a new tab. After logging in you can close it and return to this page.

>