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Inflation’s Impact on Retirement Savings

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This has been pretty consistent over the past couple of decades, barring 2009. Inflation in 2009 was sitting in negative territory, with sources citing around -0.40%. in 2009 is worth $1.87 times higher than average prices back in 2009. times higher than average prices back in 2009. today in 2023.

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Managing Healthcare Costs in Retirement: A Comprehensive Guide

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One study showed that between 2009 and 2019, out-of-pocket healthcare costs for adults over age 65 rose by 41% to well over $6,000 a year. Medigap (or Medicare Supplement) is a medicare supplement sold by private insurance companies to help fill the “gaps” in the medicare system.