Inflation Seen As Biggest Risk To Americans’ Retirement Plans In 2022
December 28, 2021 by Ayo Mseka
Although Americans say they worried the most about the COVID-19 pandemic in 2021, rising inflation is now seen as the biggest risk to their retirement plans.
This is according to the annual New Year’s Resolutions Study conducted by Allianz Life Insurance Company of North America (Allianz Life).
Nearly half (48%) of respondents identified the pandemic as the most worrisome threat of 2021, with the rising cost of living following at 38%.