What are the chances that the current administration will absolutely screw my annuity? (discuss.online)

submitted 4 days ago by ThePiedPooper@discuss.online to c/personalfinance@lemmy.ml

7 comments fedilink hide all child comments

I have a medical malpractice annuity that pays out every month and goes up 2% compounded every year. I live in another country where cost of living is way lower than in the US and am worried that rapid inflation in the US or just overall instability will lead my annuity to be practically useless. Are these worries baseless?

you are viewing a single comment's thread
view the rest of the comments

[-] CircuitGuy@lemmy.world 1 points 1 day ago

I would be concerned about a period of higher than normal inflation like the 70s. The Fed does a good job keeping inflation around 2%. Recently it spiked briefly to around 8% but immediately came down to just above 3%. It seems possible we could see a period of inflation near 8% for several years in a row.

this post was submitted on 18 Feb 2025

12 points (100.0% liked)

Personal Finance

4056 readers

13 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 2 years ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml