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Old 11th July 2007, 05:55 PM
synthia synthia is offline
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My social security will increase, but at the rate of inflation in the US. So if inflation in the US is 3%, and I live in a country with 10% inflation, and the dollar loses against the currency at 10%, I'm behind 17% per year in purchasing power. So even if I had twice as much as I needed when I retired, I won't have enough in five years.
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