Inflation and Retirement

With increasing cost, care needs to be taken of inflation. 

Inflation will tend to drain away all your savings. 

Rising prices and rising cost of living will reduce our standard living conditions. 

So savings is very important and it should take care of inflation during our retirement period. When you retire, there is no regular income or any salary income. 

All passive sources of income like retirement funds should give us higher rates of return.

Start Savings at a very Young Age, Decide your lifestyle costs and try creating a passive source of income.