Kiplinger

Inflation is Coming: Why Your Wallet May Take a Hit and How to Protect Yourself

Inflation is coming, which sounds eerily similar to House Stark's refrain in Game of Thrones, "Winter is Coming." In many ways, it's a reasonable metaphor.

Unlike the White Walkers, however, inflation is a topic that typically causes people's eyes to glaze over. This isn't surprising, considering nearly half the current U.S. population was not even born when inflation skyrocketed to 14% in the 1970s. Learning what inflation means and experiencing how impactful it can be for their financial well-being will be a first for many Americans.

Inflation is now coming back for a variety of reasons, and its significance should not be overlooked. Complacency may leave you unexpectedly exposed to significant negative implications.

What is inflation risk

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