12/01/2022
From the start of 1980, the purchasing power of the US dollar fell more than 70% by the end of 2021📉
The average annualized inflation rate was 7.4% in the 1970s, 5.1% in the 1980s, 2.9% in the 1990s, 2.6% in the 2000s, and averaged 1.7% in the 2010s.
While the timeline displayed over this chart primarily saw inflation in the 2-3% range, the impact of inflation can compound over time and effectively erode the purchasing power of your money💰
With inflation being elevated today, are your investments protected?
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Nicholas Montecalvo | Wealth Advisor
📧[email protected]
☎️ (905) 845-9090 ext. 153
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