In Your Money Or Your Life, the authors argue that personal inflation has been 0% for them (for the years 1970 to 1991, anyway), and can be for other retirees.
If if IF this is true, it has profound effects on how much to save.
Given that typically 3% inflation is estimated, SWR could go from 4% to 7%. Savings to generate the income would be reduced by 57%!
However, I'm dubious that this is the case in general.
So, those that are ER'd, and in particular those who have been ER'd for a while - what is your personal experience in spending growth
If if IF this is true, it has profound effects on how much to save.
Given that typically 3% inflation is estimated, SWR could go from 4% to 7%. Savings to generate the income would be reduced by 57%!
However, I'm dubious that this is the case in general.
So, those that are ER'd, and in particular those who have been ER'd for a while - what is your personal experience in spending growth