How to counter the threat of inflation on retirement

05/29/2014 | MarketWatch

Retirement costs for seniors have exceeded Social Security cost-of-living adjustments since 2000, making it difficult for retirees to maintain their standard of living, according to a recent study. This article offers solutions to help hedge retiree inflation. One suggestion offered by James Shambo, a CPA and personal financial planner with Lifetime Planning Concepts, is to model spending using a higher rate of inflation than what the consumer price index suggests, and to answer specific questions to gauge individual planning needs.

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