certificates of deposit
How CDs Hide Inflation Costs from Retirees Personal Finance
How CDs Hide Inflation Costs from Retirees Personal Finance Certificates of deposit lock retirees into nominal yields that frequently lag inflation, causing a real-value loss; a 2026 FDIC report shows the average 5-year CD offers 3.4% APY while inflation runs at 4.5%. Financial Disclaimer: This article is for