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E. Kansas | Not retired here, but I think you should have some very in-depth discussion and obtain a full understanding of how inflation, taxes, and health/property insurance are figured (what yearly rate increases for each are actually being used now) and how your specific retirement plan will be influenced by generous increases in those costs......just like most people have experienced the past almost 4 years and continue to encounter.
For many people who would have done a complete retirement plan just 4 or 5 years ago, I believe many of those plans would be completely wrecked at this point in time regarding the prior projected longevity of their retirement funds and having adequate retirement income to continue their standard of living as it was just 4 or 5 years ago..
Good luck with all that you will be deciding soon on retirement.
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Retirement meeting with my accountant
