Stop rising inflation from harming your wealth

Inflation is soaring and predicted to rise even higher. This can harm your wealth and erode the real-term value of your savings.

Your savings are losing real-term value

Inflation measures the rate at which prices are rising and, when inflation goes up, your spending power goes down.

For savers with a lot of cash in the bank, inflation is a constant problem.

The good news is, there are steps you can take to mitigate the harmful effects of inflation.

Avoid holding too much of your wealth in cash

Although savings rates have been creeping up, even high interest savings accounts cannot compete with the soaring rate of inflation.

While it’s important to maintain ready cash in an easy access account to act as your emergency fund, avoid holding excess money in the bank. It could be combatting the effects of inflation better elsewhere.

Invest your money

In the long term, investing tends to provide positive returns that outpace inflation.

A study from Barclays* found that £100 invested in cash in 1899 would be worth just over £20,000 in2019.  

However, £100 invested in equities in 1899 would now be worth around £2.7 million.

Your money is in safe hands with Alexander Peter Wealth Management

Our expert team are perfectly placed to help you optimise your savings and investments. Our advisers have knowledge of both the UK and European systems, meaning you’ll benefit from joined-up advice on all your options.

Experienced in helping other British expats living and working in Europe, we can help you:

1. Pay less tax
2. Set up and start your life abroad
3. Advise and assist you in transferring assets cross-border
4. Reassure you that you remain on track to achieve your goals with regular cashflow updates
5. Ensure you’re on track to afford your desired lifestyle in retirement
6. Protect your wealth for future generations
7. Settle into your new home overseas, safe in the knowledge that your assets are protected.