It’s never entirely clear which statistics about the economy are the most accurate. For example, Janet Yellen says 10% of the country is out of a job, whereas the White House puts that number at 5%. Who do you believe?
For those mindful of retirement, there is a statistic that is much more critical: the rate of inflation. In today’s Two-Minute Retirement Solution, Steve McDonald challenges the traditional way of measuring inflation… and proposes some smarter math.