THE SPECIFIC CASE FOR INFLATION

Franck Nicolas

Chapter 9 in Investment Strategies for Retirement, 2019, pp 259-272 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Because our retirement planning has such a long time span, inflation can inflict real damage to our purchasing power post-retirement. While the prices of many goods may decrease from time to time, it is far more common for the overall cost of providing a given standard of living to increase from year to year. Such price inflation lowers the purchasing power of the currency, making the standard of living provided by a given amount of monetary income likely to fall over time…

Keywords: Retirement Investment Strategies; Pension Financing; Retirement Planning; Personal Finance; Retirement Savings; Asset Management (search for similar items in EconPapers)
JEL-codes: D14 J13 (search for similar items in EconPapers)
Date: 2019
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