That final dollar’s purchasing power is dramatically less important (through the inflation of the prices of goods and services, as well as the devaluing [ie printing more] dollars) than what $1 would have purchased, in goods and services, 30 years ago. The second reason that the final dollar invested is dramatically less important, is thatContinue reading “LET US TALK ABOUT THE OBVIOUS…THE DOLLAR THAT WE INVEST ON THE LAST DAY BEFORE RETIREMENT IS DRAMATICALLY LESS IMPORTANT THAN THE DOLLAR THAT WE INVESTED 30 YEARS AGO FOR RETIREMENT.”