Inflation: A $1,404 Gift to Some, an Obstacle to Others in Retirement

Inflation: A $1,404 Gift to Some, an Obstacle to Others in Retirement
Daniel Foelber and Christy Bieber, The Motley Fool
·6 min read

By the end of 2021, The Federal Reserve sees unemployment falling to just 4.5% and inflation rising to 2.4% -- which could save U.S. households holding debt an average of $1,404. Here's why rising inflation could be a good thing if you have debt but a bad thing if you're in retirement. In just one year, the U.S. has gone from virtually 0% inflation and 15% unemployment to 2.6% inflation and 6% unemployment.