Sunday, 26 May 2019
Read? Retiree inflation rate will be different. Likely to be lower than national average.
Most retirees are not affected by inflationary pressure coming coming from housing, children education, children expenses, and etc.
So don't overly scared by your FI using typical 5% inflationary rate. It is too scary!
Uncle8888 used 2.5% inflation rate for his retirement planning.
Reasonable or not???
Hmm .. may be inflation will impact more on those who are spending at bare minimum i.e. no room to cut down expenses to cheaper alternatives.