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There are some people here approaching retirement age, and maybe some here considering early retirement.
For those that are, how does this inflation affect your decision making.
I know some people that have retired in the last year or so. Some of them early. I'm not in position to pry into their personal business, so I thought I'd bring it up here.
If I was looking at retirement, especially fixed income retirement, I'd be shitting my pants. No chance I'd give up a paying gig, especially if it was a well paying gig in times like these. At least until it shakes out.
I remember my grandpa (who had plenty saved/invested he was good to go) like absolutely freaking out when he went into the rest home because he was worried about running out of money because he can't make anymore. Resonated a lot. I've also done some taxes of people trying to live on social security and I have no clue how they do it.
If I was considering retirement, I'd be terrified.
Am I missing something here?
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