Meridianville, AL

Mon – Fri   9am-6pm

(256) 653-3189

butch@patrickrr.com

(256) 653-3189

butch@patrickrr.com

Inflation: Retirement Incomes Face an Uphill Battle

by | Oct 13, 2021 | Retirement | 0 comments

If you want to maintain your standard of living in retirement, maintaining a consistent income stream may not be enough.

Consider this:

  • The cost of 3 $10 meals per day for 2 people will cost $438,000 over 20 years
  • The number of years over the past 50 without a rise in inflation…1
  • From 1990 to 2010 the cost of electricity has risen 46%
  • Health Care expenses have risen 270% from 2000 to 2019
  • Social Security cost of living adjustment average from 2000-2020 is 2.1%

Help your Income keep pace

Take steps to avoid this dilemma by incorporating a potentially rising stream of guaranteed income into your strategy today.

Photo by Liza Summer from Pexels

Butch Patrick

Retirement Planner

“I love showing people how they can have more money for retirement and not worry about market losses or running out of money after they retire.”

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Patrick Retirement Resources
Monday-Friday, 9 am - 6 pm
(256) 653-3189
11556 Highway 231 431
Meridianville, AL 35759

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