The Pandemic Won’t Be the Last Retirement Challenge You’ll Face
The pandemic has been hard on Americans nearing and in retirement, but there are likely other obstacles coming. Increased government spending on COVID relief plus strain on our healthcare system could mean we’ll see higher taxes, inflation, and healthcare costs in the future. It’s crucial to have a comprehensive retirement plan for the future because the pandemic won’t be the last retirement challenge you’ll face. Current and Future Taxes The recent change in leadership in Washington and a growing national debt could potentially mean higher taxes in the future. There is currently support for taxing [...]