7 Ways to Stay Ahead of Inflation in Retirement

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If you have a back yard, start a garden. I have 2 apple trees,2peach trees, 4 Blueberry bushes, strawberry patch and an Asparagus bed. I intend to plant green beans, snow peas, tomatoes, Okra, potatoes, zucchini, red and yellow peppers and sweet onions. I have an herb garden. In the spring summer and fall, you can cancell your trips to the gym, this will save you money. If all you have is a patio, you can purchase Earthboxes and still grow some veggies.

Hank of MO 3:44PM January 29, 2013

I wonder how this will affect the changes in my Disablity Income?

Terry Thompson of AZ 5:21PM August 08, 2012

Make sure our Government and the super rich follow your tips. I believe that your tips are geared toward what is left of our middle income. It's past time for the people of the United States to have their voices heard and bring about the changes that will benefit all not just the few.

Linda McDonald of WV 12:42PM May 20, 2012

Pay off your mortgage? Your mortgage payments never get bigger, which means they effectively get cheaper every year as inflation makes everything else get more expensive. Pocket the payoff cash for your own use and let the bank take the risk of your home losing value. Invest the cash and you'll likely earn more than the interest on a mortgage today - perhaps not immediately in today's investment environment but in a few years when the economy improves.

Skip of CA 12:25PM April 25, 2012

@Linda Martinex of TX
"The States must immediately be granted the "right" to print their own money(state currencies) this should be divided according to state economic needs."
Wow, that's simply an awful idea. For so many reasons.

Matt of NY 6:14PM April 03, 2012

The States must immediately be granted the "right" to print their own money(state currencies) this should be divided according to state economic needs. In other words, all coastal states, border states and mountain states" will have their own state currency in additon to their federal currencies. Hurray, let's get started; this will "free up" the american dollar for broader uses and address the immediate needs of these states to address immediate issues like rnfrastucture repairs and trade. But will congress give the states the right to print money can an amendment be created for this purpose? Can the "CBM" states reform themselves into a 3 toed economic power?

Linda Martinez of TX 10:39AM February 25, 2012

re to Donna.
You said "There has been inflation every year since Obama took office, yet, the COLA has been minupliated so it shows no inflation so Seniors don't get the Cost of Living Adjustment."
two points. Inflation has been in virtually every year back into the '60s.
the republicans are the ones that have adultrated the cost of liming formulas, so do not blame Obama. The republiskunks 'black mailed' him into accepting the 'no cola' provisions.

Kanawah of OH 11:23AM January 24, 2012

EXCELLENT ideas. I plan on retiring within the next year.... I am 69 and working fjull-time; wifey stays at home and we both will be receiving the maximum Social Security monetary benefit. An annuity sounds good.. and investing the other part in a STRONG COMPANY sounds good.

richard L. of DC 9:43AM January 24, 2012

EXCELLENT ideas. I plan on retiring within the next year.... I am 69 and working fjull-time; wifey stays at home and we both will be receiving the maximum Social Security monetary benefit. An annuity sounds good.. and investing the other part in a STRONG COMPANY sounds good.

Richard Lawray of DC 9:42AM January 24, 2012

I have checked into some of the financial firms (and even purchasing a membership in one investment house only to find that all useful information will cost more than my small pension) for guidance to avoid loosing what little money I have in investments. My fear is that the dollar will keep declining in value. As it now stands, we must pay between 15% and 30% federal income tax, another 7% sales tax, an additional 39% gas tax, some ever increasing city and country property tax (which goes up one year because of re-evaluation and the next year because of increase in "tax rate"), personal property tax on items purchased, and the ever increasing required and voluntary insurance costs that we pay out in order to protect ourselves from being stripped naked. How can this financial demise be forestalled? My suggestions: 1. Stop throwing our tax money around as if there is no tomorrow...or there won't be. 2. Reinforce and reward individuals becoming responsible for themselves rather than paying them to shirk discipline and hard work by giving the poor all the social service freebees. 3. Stop pretending that the "emporers new clothes" are so fine. Instead, "throw the bum out." In fact, it wouldn't be a bad idea if the "first family" would be required to pay back to the tax payers all moneys used for their personal pleasure!!!!!

Emma of NC 3:03PM January 23, 2012