20 Amazing Things Retirees Should Do With Their Money

Buy TIPS

Inflation can be the worst enemy of a retiree. Inflation reflects rising prices for goods and services, from groceries and gas to the price of entertainment. As many retirees are on a fixed income, rising costs make that money less valuable.

A Treasury Inflation-Protected Security can combat the rising prices brought on by inflation, and it’s backed by the full faith and credit of the U.S. government.