Inflation is one of the biggest risks that current and future retirees face. Given today's life expectancies, even relatively low rates of inflation can devastate the purchasing power of a pension or uninvested cash during your retirement years. How great could the impact be? See below.
Try my new interactive future inflation impact calculator. It does the same calculations as the graph below, but for any number of years, and for any inflation rate. Then come back to this post; graphs are still better for seeing the big picture.
What Will $100 be Worth in 5, 10, 20, 30... 50 Years?
|What Will $100 be Worth in N Years?|