Opinion: Inflation report brings 2 pieces of good news for retirees and retirement savers

Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one.

July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below).

Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up.

So-called TIPS bonds, Treasury bonds protected against…

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