Quoted in GoBankingRates: Adjusting Emergency Savings for Inflation
- Carson McLean, CFP
- Mar 30
- 1 min read
Carson McLean, founder of Altruist Wealth Management, was quoted in GoBankingRates discussing how individuals should adjust their emergency savings strategies to account for the impact of inflation.
"Many people set an emergency fund goal once and forget it, but inflation can significantly erode the purchasing power of those savings over time," McLean explained.
The article outlines ways savers can reassess and grow their emergency funds to maintain financial stability even as living costs rise.
