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Archives for June 28, 2017

What is ‘Ginflation’?

Inflation appears to be moving up in some developed countries. In the U.S., inflation is measured by the consumer price index, which tracks the prices of about 80,000 items each month. 

This includes our most common household groceries such as cereal, milk, coffee and wine.

In Great Britain, economists have a similar measure called the retail prices index. Due largely to a rising number of small distilleries in the past few years, the Brits recently added gin to its monitored shopping basket.

After years of consistently higher sales, gin has joined the ranks of other British staples in tracking higher prices, thereby earning the moniker “ginflation.”

Ryan Keapproth

Ryan Keapproth

Retirement Planner

Ryan is dedicated to serving clients to achieve their retirement goals. Ryan’s holistic approach centers on wealth management strategies with a focus on income planning throughout retirement. As a Financial Advisor, Ryan is an Investment Adviser Representative (IAR), life and health insurance licensed and a Certified Tax Preparer. Ryan is a graduate of the University of Minnesota, with an Accounting and Finance major.

Ryan is a lifelong Minnesotan originally from Woodbury and currently residing in Bloomington with his wife, Riamae, and their rescue Terrier Beagle mix, Douglas. He and his family are avid travelers in their free time. Ryan enjoys playing golf and poker, and describes himself as a major foodie enjoying new restaurants around the cities whenever possible. He is a sports fan especially when the Vikings and Timberwolves are playing.