I am going over my retirement expense budget. We are looking at a permanent move and wanted to see the effects on our retirement plan. I'm finding a disturbing trend. Our personal rate of inflation appears to be about 7%. Increases in HOA, insurance and medical, utilities, taxes, travel, have all gone way beyond the 3% mark. I just started SS at the end of last year and next year with a 0% cola thecola portion from my retirement savings rises at an even higher rate. When I project out 10 years things are looking pretty tight at this new expected rate and that's without the expected rise in inflation that we are being warned of.
What are you finding? What rate are you guys using?
What are you finding? What rate are you guys using?