25% of Americans are delaying retirement due to inflation
Posted on AllSides June 2nd, 2022
From The Center
Higher prices are forcing many Americans to reconsider their budgets, as the country deals with one of its worst inflationary waves in 40 years.
Inflation in the U.S. is currently sitting at 8.3%, led by price surges for fuel, food, and housing. Gas prices alone are currently averaging $4.67 a gallon, forcing many Americans to adjust their spending habits and make big lifestyle choices to cope with rising prices. For some, it’s hitting one of the biggest lifestyle choices of all: retirement.
A full quarter of workers are now postponing their retirement...
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AllSides Media Bias Rating: Center
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