Retirement Planning & Experiences

Quickstatus said:
Super projection calculators which project super balances from retirement over time based on various assumptions including wage inflation/price inflation/ fees/ fund performance/super withdrawals

The wage inflation assumption is 3.7% over the medium to long term and price inflation 2.5% over the medium to long term

At retirement, the price inflation would be the main factor affecting purchasing power. Wage inflation would then be moot.
Any comments?
Click to expand...
I would use a higher inflation number to be conservative, although some of the things retirees spend money on may experience less inflation pressure.
 

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