Inflation can eat your retirement savings alive. If I were retiring today, a million bucks would be plenty for me to retire on.
But I’m 34. When I retire, assuming 3 percent inflation, that $1 million will be worth the equivalent of $400,000.
TIPS for Beating InflationCourtesy Digg - Business & Finance Thu, 02/25/2010 - 13:40
Inflation can eat your retirement savings alive. If I were retiring today, a million bucks would be plenty for me to retire on. Related itemsChina's inflation rebounds in January to 4.5 pct
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