Retirement incomes vulnerable to inflation

A survey into retirement inflation concerns show nine in 10 consumers are worried about its effect on their future income, but just two in five are taking action. Hartford Life says investing in equity markets is a proven way to keep pace and perhaps surpass the effects of inflation over the long term, but many consumers see the fluctuating financial markets as an unacceptable risk. Hartford Life CEO Michael Kalen says the lack of action is disturbing; especially considering recent studies show inflation affects retirees more than any other group. “Boomers need to address this and star...