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Author: FuwlEd Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19221  
Subject: Re: The Best Way to Take a Pension Date: 7/9/2008 12:34 AM
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Inflation is my biggest worry and is the main reason that I didn't take the company pension. Fixed income for life sounds pretty good until you really think about it.

I think it was a story recently in either "Money" or "Business Week" how even though we see an increase in inflation, large numbers of people will instead shift down a notch on the products they buy. Walmart mac n cheese instead of Kraft, drop a tier on cable service, clothes from Kohl's instead of Penneys, etc. And those actions in turn mitigate the impact inflation has upon them.

And if you happen to read how they actually go thru the computations to determine the inflation rate, it's a wonder the number is believable at all.

Ed
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