Best Financial Advisors in Woodbridge, VA

The Lingering Effects Inflation Has on Your Financial Plan Inflation is an insidious villain, silently stealing our money’s purchasing power every day. We may not notice our loss until much later, perhaps when there’s a little less in our checking account than the month before, or when our weekly groceries only fill up three bags instead of four. In a financial plan, the effects can, over time, be much worse, especially for those in retirement who depend upon fixed or slowly increasing incomes (think: Social Security or non-COLA (cost-of-living adjustment)-adjusted pensions).