Experts are sounding the alarm about inflation, and that has Americans worried about their retirement.
Billionaire hedge fund manager Paul Tudor Jones told CNBC Wednesday that inflation poses a major threat to the U.S. economy and markets.
His comments echo those of others who have also recently voiced concern. Earlier this month, Jeremy Siegel, finance professor at the Wharton School, and who's known for his positive market forecasts, said he anticipates inflation will be a much bigger problem than the Federal Reserve believes. Still, some, like market bull Jim Paulsen, have downplayed those fears.
To be sure, inflation has been low for a long time, said Christine Benz, head of personal finance at Morningstar.