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RE: Financial Tip of the Day #2 - Start Saving For Your Retirement Yesterday!
Good post, I've often thought about doing a whole post on inflation myself, since I'm shocked that noone seems to really grasp this. A few say they understand, but you've really laid it out in concrete terms.
Who knows that could turn out to be conservative.
Meanwhile unfortunately for savers, yields are being suppressed. So unless you have a bit of financial education, the average guy will be hard pressed to get that 5% yield. In your projections over half of his wealth will be transferred to banks and the government.
Hopefully more people read your post!
Thank you, I appreciate it. I hope that more people look into financial concepts such as this, whether it be through myself or other mediums. There's so many simple steps that people can take to greatly improve their financial futures.