Originally Posted by Notmuchlonger
Not worried about inflation eating away your purchasing power?
No, we've run our figures through many, many configurations using very conservative rates and higher inflation. We have always lived beneath our means -- we're "the millionaires next door." I grew up poor, so I still know how to live on next to nothing -- not that I want to go back to those days, but I could. When you're older, you buy less. Medical premiums (and later Medicare) may be our most challenging expense, but I figure everyone will be in the same boat then, and the outcry about lack of/poor medical care will be so great that the government will finally be forced to seriously tackle the issue. In the meantime, we go for all of our annual physicals and routine medical tests, and do most of the other things one is supposed to do to stay healthy.
As a sidenote: my doctor saw something suspicious when I recently went for a routine physical. She took a biopsy, and I spent a week in extreme anxiety waiting for the results which, I'm happy to say, were negative. But what made the biggest impression on me was that when I thought I was potentially facing something serious, I didn't regret that I didn't yet have a big screen TV or have traveled more, and I certainly didn't give a moment's thought about inflation -- all I wanted was more time doing simple things with my husband, like going for walks, preparing meals together, and waking up in a comfortable bed each morning with him by my side.