Warren Buffet endorses my concerns for the US Dollar (and what I've done about it)

 https://www.zerohedge.com/markets/did-buffett-just-bet-against-us-berkshire-buys-barrick-gold-dumps-goldman

This is an article on ZeroHedge about Warren Buffet doing an about face on Gold in the 2nd quarter this year 2020 and he took a significant position in Barrick Gold. This supports the idea of allocating some funds in your portfolio for a hedge against the eroding purchasing power of the US Dollar, and many other fiat currencies around the world.

See

https://jmstweets.blogspot.com/2020/07/youre-losing-value-even-if-your.html

https://jmstweets.blogspot.com/2020/06/dead-man-walking.html

https://jmstweets.blogspot.com/2020/04/usd-is-doomed-to-devaluation_11.html

https://jmstweets.blogspot.com/2020/03/why-printing-money-adds-lubrication-to.html

I can't say what's best for others but what I'm doing for myself is including an allocation of 10-15% of my portfolio for GLD, GDX, and SLV. I may buy some physical gold and/or silver in the near future as well. 

GLD is an ETF to mirror the market price of gold.

GDX is an ETF of the major gold miner companies.

SLV is an ETF to mirror the market price of silver.

ETF is an Exchange Traded Fund. Like a mutual fund but you can trade it like a stock.

I've been in GLD for 7 years and when the Federal Reserve announced earlier this year it will add $Trillions to its balance sheet and whatever else it takes to fight the economic effects of COVID-19 I added shares of GDX, SLV, and UUP Puts.

I also have a very small amount in UUP (Invesco DB US Dollar Index Bullish Fund) Put Options. UUP is an ETF meant to mirror the price action of the US Dollar. Put Options are a bet that UUP will go down over time.

Again, this is not necessarily a good idea in your particular situation, but it seems like a good idea as a hedge against all the forces driving down the value of the US Dollar. You don't have to just endure what's coming and hope things will return to normal. You can take a hedge if you have some funds you don't need for spending for a while.