Incorporating these simple strategies into your retirement plan could have a big impact on your finances. Getty Images

While inflation has cooled compared to recent highs, there have been upticks in the inflation rate over the last few months, and, as a result, the cost of living remains elevated. That's making it harder for the seniors who are on fixed incomes to cover all the costs they face in retirement. The recent issues with stock market volatility aren't helping much, either.

And, those are hardly the only money-related issues seniors are facing right now. Rising costs in healthcare, housing and other sectors are also making it harder for retirees to make ends meet financially. And, 84% of retirees want to better protect their savings from eroding due to inflation, accor

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