From Yahoo Finance: 2025-06-03 07:11:00

Trade wars, fear of stagflation, and Social Security cuts have many worried about retirement savings. Federal Reserve Chair Powell warns of higher inflation and slower growth due to tariffs. Almost 90% of Americans expect price increases from Trump’s tariff policy. Consumer sentiment is down, hinting at prolonged economic struggles ahead.

Economists express concern over Trump’s policies leading to stagflation, with a decline in consumer optimism and economic growth projections. Suggestions for securing retirement include maxing out 401(k) contributions and considering inflation-resistant investments like gold. Opening a gold IRA may offer tax advantages and protection against economic uncertainties. Planning for long-term financial security is crucial, with professional advice from Vanguard available to help reach financial goals.



Read more at Yahoo Finance: Here are some expert money moves to protect your retirement