Read? Have We truly Understand How Inflation Affects Us And Our Retirement Planning? So far based on Uncle8888's past 17 years (2002 to 2018) actual data points; he is not too concerned on inflationary impact on future household expenses as he still has some fat to trim during those difficult years. He is actually spending 8% below the projected multi-years inflationary rate at 2.5% over 17 years since 2002. Probably, inflation will impact more on those who are already spending at their lowest possible living costs so there is not much fat to trim during hard times. How to beat inflation? Spending a bit more to build up those extra fat during good years. LOL!
Last updated : 14 Sep 2019
I am 63 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children.
Currently, two sons and one daughter are working.
I have been doing 20 years of long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that so-called Panda or Koala in the investment world.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2041 @ 85 yrs old.
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