What Inflation Is Really Doing to Your Wealth (And Why It Matters More Than You Think)

You hear inflation talked about like it's the villain of the economy all the time.... but what is inflation actually doing to your own money?  Well, it's reducing what your savings can buy. It's eating into your investment returns. And it can leave you years behind where you thought you'd be, without you realising it's happening.   So, in this episode, Paul breaks down exactly how inflation impacts your wealth, where it shows up in your financial life, and how to tell if your current strategy is keeping pace or falling short.  Because if your money isn't growing faster than inflation, you're actually going backwards.  In this episode:  • Why your money can be growing and you're still falling behind • The reason your returns don't feel like they're getting you ahead • What inflation is quietly taking from your savings every year • How "playing it safe" could be costing you more than you realise • Why your retirement number might be wrong (and what's throwing it off) • What inflation is really doing to interest rates, markets, and your plan • The quick check to see if your current strategy is actually working    WANT TO STAY ACROSS WHAT'S MOVING THE MARKETS?: Subscribe to GainingCHOICE, our weekly email unpacking the key headlines and what to pay attention to.  GOT A FINANCE QUESTION FOR PAUL?: Send it to [email protected], and it could be featured in his Ask an Expert column each Sunday in The Age and Sydney Morning Herald.  General advice disclaimer