I have been stressing the imminent (now blatant) inflation with my investment counselor, and what can be done to protect my retirement savings. I suggested TIPS, but since that would cut out the middle-man fees, he was against it. I believe now, that government backed retirement funds may be in great jeopardy with the "Great Reset" looming. Does anyone here have REAL financial investment experience who can suggest a good plan going forward to deal with likely higher inflation, and possible financial meltdown? (and please, don't post, "Just buy gold!")
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Ok, thanks. My advisor agreed to take my wife and I on, even though we have fairly low assets. Most of his customers are millionaire to multi-millionaires; he took us on more as a favor. He doesn't directly make money off our accounts, but the investment companies probably pay him based on some volume he puts into them. All the fees I see are from the funds themselves, at around 1%, and my money only made about 2%, so I netted about 1%, which is well below inflation rate.