Episode 99: Inflation Is Bigger Than Groceries: The Hidden Costs Crushing Retirees

Get on our phone calendar at https://TuckerRetirement.com Inflation in retirement isn't just about the price of groceries, gasoline, and electricity.   Retirees also face rising property taxes, income taxes, government fees, insurance costs, tolls, and countless other expenses that can slowly erode purchasing power.   Scott Tucker discusses the many different forms of inflation retirees need to prepare for — including Illinois' recent sharp increase in toll costs — and why your retirement income plan needs to anticipate expenses continuing to rise throughout a 20- or 30-year retirement.   Your retirement plan shouldn't assume today's expenses stay today's expenses.