Pensioners can safeguard themselves against the eroding effect of inflation by making wise investment decisions and opting for inflation-linked pension plans.
Pensioners can safeguard themselves against the eroding effect of inflation by investing in assets that provide a hedge against inflation, such as real estate or inflation-protected securities, diversifying their investment portfolio, maintaining a balanced budget and adjusting their expenses according to inflation rates, and considering annuities or other forms of income with built-in inflation protection.
