Professor Richard Kaplan, an expert in tax law and retirement plans, spoke to WCIA about the high rates of inflation in the U.S.
“For many people, this has been a wake up call, they may want to reevaluate some of their investments,” he said.
Kaplan said keeping a portion of your assets in cash is one safety net, and waiting beyond the full retirement age to claim Social Security is another. Ultimately, he said the most important thing is to “plan ahead.”
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