How to Keep Up with Inflation during Retirement
Inflation during retirement often comes with scary stories. Think about this: a person with $1 million saved for retirement expects to spend $50,000 annually. Assuming 3% annual inflation and a 3% return rate, $1 million would last for 20 years. But if inflation rose to 12% a year, $1 million…
6 Comments
October 16, 2022
