Inflation's Impact on Retirement Savings

So inflation affects your retirement savings because it makes prices go up over time

which means that your money doesn't go as far. retirees usually live on fixed incomes

or savings that means if your pension or retirement account doesn't grow faster than inflation then

your money buys less and less every year. retirees need more medical Care as

they get older and healthcare prices go up faster than regular inflation too so retirees

have to save way way more than the used to to live comfortably. The large amounts

of money saved to retire grows rapidly as time goes in making it difficult to retire.