Economic Trends - The purchasing power of the dollar has dropped significantly since 1970 [1]

Core Insights - The article emphasizes the importance of protecting purchasing power in retirement to maintain a comfortable lifestyle amidst inflation [2][3]. Group 1: Tax Planning Strategies - Retirees should plan wisely for taxes by considering all income sources, including drawing from Roth IRAs or taxable accounts during low-income years to keep taxable income lower [4]. - The passage of the "Big Beautiful Bill" introduces a new senior deduction, which may allow retirees with modest incomes to owe little to no federal tax [5]. - Higher-income retirees need to engage in smart tax planning, utilizing strategies like capital gains harvesting and optimizing withdrawal timing to maximize income and reduce tax exposure [6]. Group 2: Income Stability - Modern retirees face longer lifespans and unpredictable markets, necessitating financial strategies that ensure long-term income stability rather than merely preserving savings [8].

Gold has been a disastrous investment since 2020.It has lost 84% of its purchasing power compared to a finite sound money asset like Bitcoin.Bitcoin is the hurdle rate.If you can't beat it, you have to buy it.(Chart: @philrosenn) https://t.co/OJx1RbQvdc ...

Gold and bitcoin are merely doing what central banks have failed to do:Protect the purchasing power of the people. ...

They are never going to stop printing money. So therefore, Bitcoin will never stop going up. What's next for Bitcoin, higher or lower.Well, the fundamentals continue to get better. The S&P 500 in the United States just launched a new crypto index consisting of 15 cryptocurrencies and 35 cryptoreated stocks, opening up new pools of capital, meaning making it easier for regular traditional investors to get access to 15 of the top cryptos. So therefore, Bitcoin will never stop going up.Meaning the Bitcoin pric ...

RT Bitcoin Magazine (@BitcoinMagazine)JUST IN: 🇪🇺 European Central Bank’s President Christine Lagarde says, "There is no underlying value” to #BitcoinMeanwhile, the Euro has lost over 40% of its purchasing power in the last twenty years. https://t.co/gHhuvwSKpY ...

Cryptocurrency Assessment - European Central Bank President Christine Lagarde states Bitcoin has "no underlying value" [1] Euro Purchasing Power - The Euro has lost over 40% of its purchasing power in the last twenty years [1]

Core Insights - The Primerica Household Budget Index (HBI) was reported at 100.2% in August, reflecting a 0.1% increase from the previous month and a 0.8% increase from the same month last year [1] Economic Indicators - The Consumer Price Index (CPI) rose by 2.9% in August compared to the previous year, indicating inflationary pressures on a comprehensive basket of goods for all U.S. households [1]

Market Trends & Investment Performance - The market is divided into asset allocators and those outside the market, creating a clear winner/loser dynamic [1] - Being in the market has yielded positive results, while staying out has led to a significant decrease in purchasing power [1][2] Purchasing Power & Inflation - Since 2020, the US dollar has lost approximately 25-28% of its purchasing power [1] - Market participation has been crucial to offset or surpass the loss in purchasing power [2]

Consumer Behavior - Consumers across all income levels are seeking better value due to factors like inflation and high interest rates [3] - Dollar Tree's CEO indicated that a majority of their new customers in the last quarter came from households with six-figure incomes, highlighting a shift towards value-seeking even among higher-income demographics [2] Retail Performance - Dollar Tree and Dollar General are outperforming Nvidia by double digits [1] Economic Indicators - The trend of consumers seeking value suggests a constraint on consumer spending and a loss of purchasing power [3]