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Saving your retirement funds

Talking to Financial Consultant Frank Cape
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ASHWAUBENON (NBC 26) — The Bureau of Labor Statistics released a report this week stating inflation rose 7.5% in the past 12 months ending in January. For a lot of people hoping to retire soon, a number like that can be very scary. We talked to Frank Cape, the president and financial consultant for Cape Financial Group. He answered our questions about how inflation is affecting retirees right now and how to protect your savings.