Wish I knew too. Do you put it in savings, where the inflation erodes away its purchasing power? Do you put it in the stock market, where raising interest rates could precipitate a crash that wipes out much of your portfolio? Do you put it in real estate, but possibly end up buying at the top of an asset bubble there? There seems to be no safe answer. If you have six or seven figures in assets, the $10K/year limit on inflation-protected bonds doesn't help you.

I'm about 33/33/33 cash, stocks and real estate right now. Stuff that feels like it should be an inflation hedge, like commodity ETFs, aren't actually performing well. I haven't found any good advice from family, friends, or the internet in the past few years. It makes me think nobody else knows how to safeguard their savings these days either.