INFLATION (1 of 2)
01.Core Concepts
• Money loses purchasing power with inflation. • Retirees will most likely spend 20 or more years in retirement. • Income and distribution phase must be managed to keep pace (at minimum) with inflation. • Timing of retirement may be adjusted by the client due to inflation (current or future fear of). INFLATION (2 of 2) Average Price of Select Consumer Items Over 20-Year Period 2004-2024