In investing, the silent killer is INFLATION.
The minimum return on any retirement investment must be at least equal to inflation. Here’s why.
Suppose your retirement goal is to withdraw $90,000 per year from your IRA. To maintain your purchasing power, you must adjust your withdrawal amount for the inflation factor. That means that to get $90,000 per year at an inflation rate of 3%, your withdrawal amount in year 15 would be $140,217.
Are you on track to manage inflation during your retirement?
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