Read it and weep:

5 Financial Storms on the Horizon

https://www.theepochtimes.com/opinion/5-financial-storms-on-the-horizon-5504560

Household finance is only now figuring out that every dollar has lost some 18 cents of value in a mere three years, which is a more substantial amount than people have typically saved even in the best of times. This means that inflation has robbed twice the average savings of the past, plus eaten into real income. The latest data on real household income has clocked the third year in a row of declines.