Grocery prices have increased by 25% over the past four years, impacting families everywhere who are facing significant challenges in managing their monthly expenses

In this week’s episode of Retire in Texas, Darryl Lyons dives deep into the complexities of inflation and its profound impact on households today. Gain valuable insights and practical strategies to navigate rising costs and safeguard your financial future in an evolving economic landscape.

Show highlights include:

*A discussion of the real impact of inflation on everyday life.

*A breakdown of inflation from past causes to present effects and future considerations.

*An explanation of government metrics like CPI (Consumer Price Index) and PCE (Personal Consumption Expenditures) used to measure inflation and why food and energy are sometimes excluded from these indices.

*Advice tailored to various groups affected by inflation, including those on fixed incomes, individuals with some financial flexibility, and retirees.

*Why owning stocks can be a strategy to mitigate inflation's impact, as companies can adjust prices to maintain profit margins.

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