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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.

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