The cost of a new home has done the same. All in all, one dollar twenty years ago is worth only 32 cents today.
Inflation is an economic given.
Unfortunately, they simple may not provide enough income over the long haul. To maintain your standard of living over time, your investments must outpace inflation. The appreciation of your investments and any income they earn can help combat the effect of inflation. The information is not intended to be construed as investment advice nor is it an endorsement of any product, service, strategy, individual or organization. Always research your investments thoroughly and understand how they may affect your individual circumstances before committing your money.