When inflation goes up, the value of your money goes down.
Inflation is like a dripping tap. It may look like barely any water is coming out. But it’s amazing how it adds up over time.
Say you put $50K under your mattress tonight. If inflation averages 3% per year – and you raid your mattress after 10 years to spend the $$$, it would only be worth $37,000 at present value – because of the inflated costs of goods and services. If you wait 20 years, it would be worth only $27,000 at present value, etc.
Inflation isn’t 3% 🙁 and if you feel it’s time you secured your savings, please give your advisor a call. If you do not have one, please feel free to reach out to firstname.lastname@example.org as I would be happy to make an introduction to an associate that can meet in person, over zoom or on the phone.
Angela Calla is an 18-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through her best-selling book “The Mortgage Code“, Angela educates prospective home buyers by providing vital information on mortgages. In light of this, her success awarded her with the 2020Business Leader of the Year Award.
Angela is a frequent go-to source for media and publishers across the country. For media interviews, speaking inquiries, or personal mortgage assistance, please contact Angela at email@example.com or at 604-802-3983.
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