

How Peak American is Protecting Clients and Employees from COVID-19
The COVID-19 outbreak has affected all of us, pushing a new set of challenges to the forefront of our personal and professional lives. Since this
We address inflation with solutions offering significantly better returns than CDs or money market accounts without the risk associated with being directly “in the market.”
Peak American helps our clients with ensuring their funds keep up with inflation and have downside market protection.
Peak American helps our clients with ensuring their funds keep up with inflation and have downside market protection.
Peak American helps our clients with ensuring their funds keep up with inflation and have downside market protection.
Remember when the price of a movie ticket was $1.42? That was in 1969. When adjusted for inflation, that ticket would cost $10.14 in today’s dollars. But what if it was not a movie ticket you wanted to buy, but toilet paper, food, medicines, or other necessities?
Inflation is the percentage increase in the cost of goods and services over time. It is measured by the Bureau of Labor Statistics on such items as groceries, gas, electricity, clothes, and used cars. This is called the Consumer Price Index (CPI).
Why is this important? If you have $100 in a savings account paying a 1% interest rate, you will have $101 in your account. But if the rate of inflation is 3% that year, you would need $103 to have the same buying power with which you started. You’ve gained a dollar but lost two dollars in buying power. If your savings aren’t growing at the same rate or healthier than inflation, you are essentially losing money.
This issue can impact retirees, especially hard if their income isn’t keeping up with or increasing at a higher rate than inflation. The problem is especially problematic in the US, where medical costs tend to rise at a higher rate than most other prices.
Peak American helps our clients with ensuring their funds keep up with inflation and have downside market protection.
We offer flexible solutions that can return significantly better returns than CDs or money market accounts without the risk associated with being directly” in the market.” As an added benefit, unless needed for an emergency, if you intend the funds to be left to your heirs, we have solutions allowing you to pass the money on, income tax-free.
Contact Peak American today to find out how you can protect your assets from risk while leaving money to your heir’s tax-free.
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