This Inflation and Financial Planning infographic illustrates the importance of planning for uncertainty. When inflation goes up it generally costs us more to purchase goods and services like gas, groceries and taxes. It also has an affect on financial planning and returns.
There has been a lot of discussion about inflation as the Canadian rate has climbed. Updated with the Canadian rate of 6.3%, this infographic compares the inflation rate to the high rate of 10.77% in 1982.
The Inflation and Financial Planning infographic offers ways to manage both debt and cash flow. In additions, financial planning considerations in times of higher inflation help to prepare for all conditions. Whether retired or just starting out, your clients may be concerned about its impact on their financial plan.
This infographic is included in FreshPlan software and is also available as a print-ready or web-ready piece.