Date: Fri, 3 Mar 2006 04:04:41 -0600
From: timbo 
Newsgroups: misc.invest.financial-plan
Subject: Re: Calculating Inflation
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Danl wrote:

> Have any of you attempted to calculate *your* inflation given a 
>personalized basket of goods and services? If so, please share your 
>thoughts.
>
Your dollar erosion is proportional to localized inflation -- not
aggregate form.  If your income doesn't compensate, you'll lose in the
long run -- hence, forced to strolling up/down the hallways with your
new friend Butch at the nearest low-cost [nursing home] provider. 

The ultimate goal is to have enough at retirement to live like you
wanted to at age twenty.  Hopefully, globalization [sic] will make
inflation moot.