Investment
When you take a withdrawal from a Roth IRA or 401(k), you are taxed on the total amount. If you let your money sit in cash and lose value, you are only taxed on whatever gains you have in that account during that period.
Investment mix is essential to keep your portfolio working in your favor. Include stocks from different sectors to compensate losses.
Gold and other commodities are good choices to consider during inflation. An oil and gas commodity index fund is also a great option to look at.
Index funds are balanced investments that will protect your investment from high inflation.
Bonds are a type of investment that generates a consistent cash flow
Include TIPS and other real-return bond investments to compensate for inflation, which includes a built-in inflation adjustment mechanism.
Stocks tend to outperform inflation over the long run.