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With age comes mental decline. Because of this, retired folks are preyed on more by financial scammers than any other age group. Support the show
Episode 68: Overlooked - Why Inflation Plays Huge Role in Retirement
The Prosperity Gap Podcast
27 minutes
4 years ago
Episode 68: Overlooked - Why Inflation Plays Huge Role in Retirement
Inflation is thought of in retirement planning, but most retirees do not consider how it will continue to increase even throughout their retirement. They say there is no rest for the wicked! For example, based on life expectancy, someone retiring between 65-70 should plan to life on average another 20 years. Assuming a rate of 3%, daily costs of living could potentially double within 20-24 years. Support the show
The Prosperity Gap Podcast
With age comes mental decline. Because of this, retired folks are preyed on more by financial scammers than any other age group. Support the show