: The effects of inflation may be felt for decades to come: Americans are hitting pause on retirement savings


Most of us are feeling the pain of inflation now, but the rising cost of almost everything may be impacting our future selves as well: People are cutting back on saving for retirement as a result of inflation. 

The majority of Americans say current financial issues are more pressing than preparing for the future. Two in three Americans (67%) say they are more concerned about paying bills right now than saving for their financial future, according to a new study from Allianz Life Insurance Co. of North America.


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