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Recent talk has been about inflation, interest, and recession. In an effort to curb inflation, both the RBA and the US Federal Reserve have lifted interest rates four times in the first 8 months of 2022. Meanwhile, the US has effectively experienced two consecutive negative growth quarters, technically defined as recession, however, their employment figures stand defiant. Despite these bumps, staying focused on the long game is important.

We look at the potential impact of inflation on your savings and how to ensure you don’t sacrifice your retirement dreams for your adult children.

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