Comments on Here are the top 7 concerns that people have around their post-retirement life

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Dr. MPS RAMANI Ph.D.[Tech]

Dr. MPS RAMANI Ph.D.[Tech]

Wrote on 15 August 2019  

Another problem which is impossible to face without Government intervention is price escalation which is the phenomenon of continuing inflation over time. One's provident savings will be proportional to the mean prices during one's service life. Prices after 10 years of retirement can be 10 times and after 20 years 100 times.

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