It is good financial practice to save money for a later day, a pension. Many of the baby boomer generation have followed this and saved large amounts of wealth in their savings.
However, the hidden/shadow tax of inflation is slowing robbing savers of their wealth.
What was once a significant amount of money saved for someone to live off for the rest of their life will soon become less than what they need. The time bomb is slowly ticking.
▶️ 3Speak
