Wage growth is not keeping up with inflation for everyone, but it is still going up. For some professions and hired performers, compensation is out pacing inflation. Over the long term for professionals, compensation rises about two to four % above inflation over someone's career. When prices go up, the cost of your financial goals go up. Add that to portfolios that are now worthless, and many people might now be further behind in saving for retirement or whatever goals you have.

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