Economic Overview - The U.S. economy presents a mixed picture with stock markets reaching all-time highs and better-than-expected GDP growth in Q2, but hiring has slowed and inflation remains above the Federal Reserve's target [1] Retirement Strategies - Retirees are advised to balance growth and safety in their portfolios, maintaining a significant portion in growth investments to combat inflation while holding safe assets for short-term expenses [4] - A long-term perspective is crucial for retirees, as current economic trends should not dictate money management decisions [5] - A flexible withdrawal strategy is recommended to adapt to persistent inflation, moving away from static rules like the 4% rule [7]