Why Inflation is the Silent Retirement Killer

The money saved today for retirement will have to work hard to buy the same goods years into retirement. For example, at a rate of 4% inflation that means what costs $1 today will cost $1.48 in ten years. If you should be so lucky to live for 30 more years than in 30 years that $1 becomes $3.48. Planning for inflation is often overlooked in a retirement income strategy. Mary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC


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