Read? Have We truly Understand How Inflation Affects Us And Our Retirement Planning?
So far based on Uncle8888's past 17 years (2002 to 2018) actual data points; he is not too concerned on inflationary impact on future household expenses as he still has some fat to trim during those difficult years.
He is actually spending 8% below the projected multi-years inflationary rate at 2.5% over 17 years since 2002.
Probably, inflation will impact more on those who are already spending at their lowest possible living costs so there is not much fat to trim during hard times.
How to beat inflation?...