MarketWatch Are you thinking about retiring? You should account for inflation as well. Inflation will effect how you save and spend money in the future, whether you retire in two years, ten years, or three decades. That’s why you should consider it into your calculations if you can. Tip of the Week for Retirees: When saving for retirement, choose your investments and savings vehicles carefully, not only for the potential returns, but also to ensure that those assets are working for you and protecting your purchasing power. According to the Bureau of Labor Statistics, used automobiles accounted for more than a third of the increase, but the cost of food, clothing, and plane tickets also increased significantly./n
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