5 Sensible Ways to Combat Inflation in Retirement

Date: Dec 14 2012

Filed under: Retirement, Netflix, Verizon, Procter & Gamble, Power of Planning

Retirement choicesBy David Ning

Sometimes it’s difficult to imagine the significant impact inflation will have on our budget because of the slow and steady pace of price increases. But any retiree can tell you that inflation is one of the most significant financial obstacles to living a comfortable life. After all, a meager 2 percent annual inflation rate since 2000 would mean a 27 percent increase by now. If inflation were just one percentage more at 3 percent, then the increase in prices would be 43 percent.

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5 Sensible Ways to Combat Inflation in Retirement originally appeared on DailyFinance.com on 2012-12-14T06:00:00Z.

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