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Retirement Planning

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Inflation

Increasing prices over time. The inflation rate is usually measured per year. Small inflation rates can have a major impact on your purchasing power over many years.
Examples: If the rate of inflation is currently 3%, then a basket of goods which cost $100 this year will cost $103 next year.

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