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6 Reasons To Factor In Inflation In Retirement Planning

April 25, 2024
April 25, 2024

Need For Inflation Buffer

Ensure you do not run out of funds by making a proper plan with realistic numbers and updating it periodically or at a major life event.

Lifestyle Changes

If your income does not increase in line with inflation, your living standard may drop. 

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Purchasing Power

If inflation spikes significantly, the cost of living will increase, adversely impacting the retirement corpus. 

Reduced Value Of Assets

Many retirees depend on fixed-income sources like bonds, pensions, and annuities. These incomes may lose value due to inflation.

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Fill Gaps

Individuals who factor in inflation and fill the gaps in their plans are less likely to struggle financially post-retirement.

Real Numbers

Properly calculate your expenses to get a more accurate corpus target.

Compiled By Himani Verma

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