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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Dec 02, 2011
Page
5
Inflation has mostly stayed under 3 percent as measured by the Consumer Price Index, but prices for food and energy rose faster. In the past decade overall inflation stayed low while medical costs and college tuition rose at well above average rates, echoing higher gains in the late 1970s and early 1980s.
Inflation affects future expenses and retirement spending. Your lifestyle depends on your savings at retirement and withdrawal pace. While recent inflation has been low, future rates are uncertain and can impact investments, raising rates, lowering bond values, and pressuring stock prices.
The guidance stresses considering inflation in investment planning, using a realistic inflation expectation, and preparing for rising costs such as healthcare. It suggests meeting with a financial professional, notes that non deposit investment products are offered through CUSO Financial Services, and warns they are not federally insured and carry investment risk.
The Texas Workforce Commission announced a six week extension of Emergency Unemployment Compensation Tier IV benefits for Texans. About 220,000 exhausted claimants will receive letters with instructions to apply for the extension and a toll free number to call. The extension raises the potential total weeks to 99 and directs continued benefit requests and address updates online or via toll free lines.
Larry Caudill offers carpet and rug cleaning in Baytown with friendly technicians. Services include vacuum removal of dry soils, free spot cleaning, Rotovac Powerhead rotary extraction, turbo drying, and a 100 square foot first clean with a no-charge guarantee if not convinced. Return within 30 days at no cost. Call 281-838-4833.
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