Below is a link to an article regarding inflation forecasts for the next few years. The author believes that high levels of inflation are inevitable because “America’s debt is mounting too fast for dollars to retain their value.”
The article states that inflation historically has been about 3% per year. In addition, the article makes a case for high levels of inflation over the next few years and mentions actions that can be taken to protect your investments from the ravages of run-away inflation.
We believe that a retirement plan should include a 3% annual inflation rate and that workers and retirees need to be alert to possible increases above the 3% annual rate.