Retirement Inflation

A look back in history provides some perspective on inflation risk and investing.

1988 2008
Average cost of a new house: $91,600 $223,800
Average price for a new care: $10,400 $28,000
Average price for a gallon of gas: $0.91 $2.90
Average price of a movie ticket: $3.50 $8.00
Cost of a U.S. postage stamp: $0.24 $0.41
Average cost of a dozen eggs: $0.65 $1.50

Sources: Kmotion Research, Bureau of Labor statistics, National Association of Realtors. Future prices are projections only and assume a 3% inflation rate in 20 years.

  20 YEARS FROM NOW?
Average cost of a new house: $404,208
Average price for a new care: $50,571
Average price for a gallon of gas: $5.24
Average price of a movie ticket: $14.45
Cost of a U.S. postage stamp: $0.74
Average cost of a dozen eggs: $2.71
June 17th, 2015 by The Diamond Benefit Group