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David Lerner Associates: What Is Chained CPI and Could It Affect You?

You may have heard or read the term chained CPI but arent sure exactly what it means or more importantly, whether its something that might affect you. Chained CPI made the news headlines recently when it was revealed that President Obamas 2014 budget includes a provision that would change the way inflation is measured when calculating annual cost-of-living adjustments (or COLAs) for Social Security.

David Lerner Associates: Watch Out for These Retirement Derailers

If you have ever seen a train derailment, even if it was just one in a movie that was created by special effects, you know how destructive it can be. The sponsor of a recent survey that was designed to gauge the retirement readiness of Americans used the term retirement derailers to describe the destructive effect that unexpected financial emergencies can have on Americans in the critical pre-retirement years.

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