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My husband has retired but although I could, I have chosen to keep working.
Hitting the grocery store to buying standard items on a weekly basis, we have noticed the increase in prices of 35% in the last few years.
In the 70s' that was known as inflation although that term doesn't appear to be politically correct in this century.
Being self employed in a small retail business, I've noticed the same runaway inflation when restocking merchandise.
It makes me wonder how those who have retired can make ends meet. I know the COLA raises don't cover this cost. What other retirement income do you have? Or what cut backs have you made to survive?
Surely this has to eat in to your retirement funds and investments. How do you hedge against it?
For me the thought of retirement is scarier than working... lol
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