Tip:
Highlight text to annotate it
X
bjbjBrBr Script: Dean Junkans Retirement & Inflation Video (WF YouTube Channel) Many people ask
me Am I saving enough for my retirement? They oftentimes want to be sure that they have
enough income to last as long as they need it. How can you be certain? When you retire,
you ll use your savings and the income that your retirement portfolio generates to support
your basic needs every month, like buying groceries, paying for your utilities, and
other important necessities. And, let s not forget those weekly lattes that you enjoy
so much. Will the growth of your savings and the income they generate year after year be
enough to sustain your basic needs in retirement? Well, let s break down the basics. s take
the cost of milk. According to the Bureau of Labor Statistics, based on the average
national price, 10 years ago, a gallon of milk cost $2.80. (Source: Bureau of Labor
Statistics, April 2012) Today, that very same gallon of milk costs $3.50. This increase
in price over time is called inflation. If we anticipate that inflation will cause prices
to increase by 3% every year, then 10 years from now, your $3.50 will buy you only 75%
of that gallon of milk! ll either have to buy less, or spend more! Your basic needs
that cost you $250 per month today could cost you $335 in 10 years. That s an almost 35%
increase on just your basic needs! ll want to be sure that your savings and the income
that your retirement portfolio generates grows fast enough to keep up with the rate of inflation.
Keeping your savings in cash or low-interest-paying accounts that may pay you very little interest
is not going to do it. In order for you to retire when you want to, you should invest
your savings today in assets that can pay you more over time. These investments may
include dividend-paying stocks, real estate investment trusts commonly referred to as
REITs, and other interest-paying investments. Your portfolio should be composed of investments
that have the potential to increase in value by more than the rate of inflation. And, if
these assets have an income flow over time, it (the income flow) will help to cushion
the impact of future downturns in the financial markets. If you don t want to delay your retirement,
make sure that your savings and income keep up the pace. Thank you! Disclosures Wells
Fargo Wealth Management provides products and services through Wells Fargo Bank, N.A.
and its various subsidiaries and affiliates. The information and opinions in this report
were prepared by Wells Fargo Wealth Management. Information and opinions have been obtained
or derived from information we consider reliable, but we cannot guarantee their accuracy or
completeness. Opinions represent Wells Fargo Wealth Management s opinion as of the date
of this report and are for general information purposes only. Wells Fargo Wealth Management
does not undertake to advise you of any change in its opinions or the information contained
in this report. Wells Fargo & Company affiliates may issue reports or have opinions that are
inconsistent with, and reach different conclusions from, this report. This information is for
educational purposes only and should not be used or construed as financial advice, an
offer to sell, a solicitation, of an offer to buy, or a recommendation for any security.
Wells Fargo does not guarantee that the information supplied is complete or timely, undertake
to advise you of any change in its opinion, or make any guarantees of future results obtained
from its use. Wells Fargo & Company affiliates may issue reports or have opinions that are
inconsistent with, and reach different conclusions from, this report. Past performance does not
indicate future results. The value or income associated with a security or an investment
may fluctuate. There is always the potential for loss as well as gain. Investments discussed
in this presentation are not insured by the Federal Deposit Insurance Corporation (FDIC)
and may be unsuitable for some investors depending on their specific investment objectives and
financial position. SHAPE \* MERGEFORMAT 2012 Wells Fargo & Company. All Rights Reserved.
h%to h%to h%to gdJ{ gdJ{ gdJ{ h'/0 h'/0 gdJ{ JFIF Exif Adobe Photoshop CS4 Macintosh 2009:10:06
14:13:58 JFIF Adobe_CM Adobe b34r 7GWgw AQaq" dEU6te '7GWgw I%)$ IJI$ I%)$ IJI$ I%)$ IJI$
I%)$ IJI$ j4wE hsC,kv [U-s L:7^ `{wL< l\jw0O mqiw :}8X I.q.q I>n*Ye Wm|" bfccu7 pq0^ [e6o`2
s^Z\ ;XYfe 1)p{ ;k[W 9yY]> UL6X m8l-k -nU/ _DFS |\7- eTn*Ye
Wm|" bfccu7 pq0^ [e6o`2 s^Z\ ;XYfe 1)p{ ;k[W 9yY]> UL6X m8l-k -nU/ _DFS |\7- eT