Ask Paula: Will the Stimulus Cause Massive Inflation?

Published: April 20, 2020, 5 a.m.

#252: The government issued a $2 trillion stimulus. How will that affect the economy? Could we endure massive inflation or hyperinflation?\nBradley kicks off today\u2019s Ask Paula episode with this timely question. What inflation rate will we see in 2020, and how can we prepare? How should we hedge against hyperinflation?\nAnonymous Retiree (whom we call Sequencing Sally) is 64 and retired last year. She lives off of monthly withdrawals from a Vanguard portfolio. Given the bear market, should she leave her portfolio alone and spend from an emergency fund?\nAdditionally, her target allocation is off-kilter. Should she rebalance now or later?\nJay wants to reach financial independence in five years, but she\u2019s in a job that will pay her $270,000 student loan balance if she stays there for another 17 years. Should she stay, or quit and face the balance?\nJan has $500,000 in a managed fund with a three percent annual fee. He wants to move his funds into his Vanguard personal brokerage account, without incurring a ton of taxes from the sales of his holdings. How can he accomplish this?\nMy friend and former financial planner Joe Saul-Sehy and I answer these questions in today\u2019s episode. Enjoy!\nFor more information, visit the show notes at https://affordanything.com/episode252\nLearn more about your ad choices. Visit podcastchoices.com/adchoices