Retiree and near-retiree investors have a multitude of financial worries. One of the first things I learned at OHFG almost five years ago is that while retirement life might be functionally less complex than one's working days, one's financial life grows more, not less complex, at or in retirement. Every good retirement planning software program has an input for inflation expectations. While I certainly underestimated the height of the cyclical inflation peak caused by the global response to Covid, pre-Covid, I argued for higher future inflation rates than in the last 30 years. 4-5%? No. But higher than 2%. Why? 3 Major reasons jump out.
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