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Brown Cafe UPS Forum
UPS Retirement Topics
Retirement and Inflation
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<blockquote data-quote="olroadbeech" data-source="post: 4903731" data-attributes="member: 52145"><p>Most of time in last 5 years that was true. Our biggest bill is the property tax bill. This year we did have some unexpected expenses but fortunately some of the stimulus and tax refunds helped us from taking from savings.</p><p></p><p>We had some roof work done ( 33 year old roof ) . That was 4k. Had to take done some dangerous trees in back yard. That was 2k. Now my dog needs some dental surgery ( we do not have pet insurance ). That is close to another 2k. </p><p></p><p>Bills and groceries go up every year . Seems like more than inflation rate . The SS COLA helps a tiny bit but not much. But that is why we are so disciplined on investing most of our SS in mutuals. To stay ahead of inflation and help in emergencies like listed above. </p><p></p><p>Just keeping fingers crossed that things remain good.</p></blockquote><p></p>
[QUOTE="olroadbeech, post: 4903731, member: 52145"] Most of time in last 5 years that was true. Our biggest bill is the property tax bill. This year we did have some unexpected expenses but fortunately some of the stimulus and tax refunds helped us from taking from savings. We had some roof work done ( 33 year old roof ) . That was 4k. Had to take done some dangerous trees in back yard. That was 2k. Now my dog needs some dental surgery ( we do not have pet insurance ). That is close to another 2k. Bills and groceries go up every year . Seems like more than inflation rate . The SS COLA helps a tiny bit but not much. But that is why we are so disciplined on investing most of our SS in mutuals. To stay ahead of inflation and help in emergencies like listed above. Just keeping fingers crossed that things remain good. [/QUOTE]
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