Inflation is hitting everyone hard these days. However, for one group, the price increases have been especially bad: seniors. Many seniors have poured years of their lives into work only to be strapped for cash in their golden years. Keep reading to find out why inflation is having a larger impact on them.
Sponsored: Retire in comfort without compromise
Are you one of 64% of Americans who thinks their retirement savings may not be enough? SmartAsset's free tool can match you with up to three fiduciary financial advisors in your area in five minutes to help answer that question.
See why 75 million people trust SmartAsset's tools and services each year to ensure they have enough money to retire comfortably.