We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode What to do When Groceries Cost More and Retirement Feels Out of Reach

What to do When Groceries Cost More and Retirement Feels Out of Reach

2025/3/13
logo of podcast NerdWallet's Smart Money Podcast

NerdWallet's Smart Money Podcast
AI Deep Dive AI Chapters Transcript
People
A
Amanda Barroso
A
Amy
A
Anna Helhoski
K
Kim Palmer
S
Sean Pyles
作为 NerdWallet 的《Smart Money》播客主播，Sean Pyles 提供了深入的财务和保险知识，帮助听众做出明智的财务决策。
Topics
Sean Pyles: 新的关税导致日常用品和大型商品价格上涨，我们需要学习如何应对。 Elizabeth Ayoola: 本期节目将讨论关税对财务的影响以及如何弥补退休储蓄不足的问题。 Anna Helhoski: 特朗普政府对墨西哥、加拿大和中国的关税政策存在反复，导致市场不确定性。部分关税已经生效，但也有豁免。关税政策的目的是惩罚性的，也是为了鼓励制造业回流美国。其他国家已经采取报复性措施。 Kim Palmer: 关税将导致食品、汽油、服装和电子产品等商品价格上涨。食品类商品的价格上涨幅度可能最大，因为利润率已经很低。即使是美国制造的商品，如果其生产依赖进口原材料，其价格也可能上涨。消费者可以采取措施来应对价格上涨，例如制定预算、减少开支、建立应急基金和偿还高息债务。避免提前购买不需要的商品。 Amanda Barroso: 消费者可以通过更明智地购物来应对杂货价格上涨，例如使用杂货取货服务、制定膳食计划、制作购物清单并使用购物清单应用程序。一些购物清单应用程序允许用户保存商店卡、获取优惠券和奖励、显示购物总额以及扫描商品条形码。 Amy: 我和我的丈夫都49岁，我们对退休储蓄感到担忧，因为我们10年前才开始储蓄。我们目前的收入约为13万美元，我的工作（教会音乐家）和丈夫的工作（焊接工）都存在一定的不确定性。我们希望在退休后能够继续旅行，甚至考虑移居哥斯达黎加。我们目前分别有约8.9万美元的401k储蓄，加上各自的储蓄，总共约有15万美元。我们计划咨询理财顾问，并考虑增加退休账户的投资，开设Roth IRA，以及兼职工作来弥补退休储蓄的不足。我们曾经考虑过FIRE运动，但由于需要严格的节俭和潜在的医疗费用，我们放弃了这个想法，但我们仍然保持了更节俭的生活方式。

Deep Dive

Chapters
This chapter discusses the impact of new tariffs on grocery prices and consumer goods. Experts explain which items will likely become more expensive, why domestic goods are also affected, and strategies for saving money on groceries, including using grocery list apps and meal planning.
  • New tariffs are causing price increases on everyday essentials like food, gas, and clothing.
  • Retailers and manufacturers have varying abilities to absorb these price increases; consumers will see the biggest hikes in categories like food.
  • Strategies to manage rising grocery costs include creating a budget, meal planning, and using grocery list apps that track sales and coupons.

Shownotes Transcript

Learn why tariffs are driving up prices and how you can still save money. Plus, how to catch up on retirement savings if you started late.

How will new tariffs impact your grocery bill and big-ticket purchases? Is early retirement an option if you’re behind on retirement savings? Hosts Sean Pyles and Elizabeth Ayoola discuss rising costs due to tariffs and strategies for catching up on retirement savings. They’re joined by NerdWallet senior news writer Anna Helhoski, who leads a conversation with personal finance writers Kim Palmer and Amanda Barroso about the latest trade developments and their effects on consumer prices. They begin with a discussion on tariffs, explaining which everyday items — like groceries, gas, and electronics — are likely to get more expensive, how these price hikes trickle down to domestic goods, and why panic-buying may not be the best response. 

Then, Amy, a listener in Wisconsin, joins Sean and Elizabeth to discuss retirement planning after starting savings later in life. They explore realistic ways to build a retirement nest egg, including catch-up contributions, rethinking lifestyle costs, and alternative approaches to the FIRE movement — AKA financial independence, retire early. 

Here’s how to find out how much you should save for retirement: https://www.nerdwallet.com/article/investing/how-much-to-save-for-retirement)

User NerdWallet’s retirement calculator to find out if you’re on track to save enough for retirement: https://www.nerdwallet.com/calculator/retirement-calculator) 

Learn about the FIRE movement (financial independence, retire early): https://www.nerdwallet.com/article/investing/financial-independence-retire-early) 

In their conversation, the Nerds discuss: tariffs 2025, grocery prices rising, grocery price inflation, how tariffs affect prices, consumer goods tariffs, grocery savings tips, meal planning apps, best grocery list apps, grocery price hikes, food inflation 2024, how to save on groceries, price increase on imported goods, China tariffs, Mexico tariffs, Canada tariffs, retirement savings strategies, how to catch up on retirement savings, Barista FIRE, early retirement strategies, how to invest for retirement, retirement savings at 50, compound interest retirement, financial planner retirement, Roth IRA vs 401k, employer 401k match, best investments for retirement, late starter retirement plan, retirement planning mistakes, financial independence, cost of living in retirement, how to retire abroad, and expat retirement planning.

To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]).

Like what you hear? Please leave us a review and tell a friend.