Value Collector
Have courage, and be kind.
- Joined
- 13 January 2014
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My point is simpleHave I got more than when I retired? No.
Have I got about the same? Yes.
Has it devalued due to inflation? Very probably.
eg. When trying to work out whether you have invested well during your retirement, just looking at what you have in capital now vs what you had at the start and comparing that to what the inflation rate on that capital was is silly.
You have to add back all the money you pulled out over those years of retirement and spent along the way.
Only when you include all the money you spent as well as what you have left can you know whether the asset class you decided to store those funds in was a good place or not.
VH seems to think that all the funds you drew out as dividends and spent should be ignored, that is fundamentally stupid imo