Class Booklets
Inflation, The Silent Threat
At 3% inflation the cost of living doubles about every 24 years, so the income gap grows over time. Covers delaying Social Security, growth-oriented income riders, and budgeting a healthcare cushion.
Chapter 5 of 12
Inflation — The Silent Threat
Her mother bought groceries for ten dollars in 1965 and came home with bags left over. At three percent, the cost of living doubles roughly every twenty-four years — so a plan that covers your needs at 70 can fall dangerously short at 85. The question to ask of any plan: what happens to my buying power in Year 15 and Year 20?
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