Charting Retirement is a new weekly snapshot of retirement-related data.
Inflation is one of the greatest threats to a comfortable retirement. We have seen two other waves of high inflation in the past century, one caused by the Second World War, the other by oil price shocks. In each case, high inflation persisted for at least four years, which suggests the current wave is far from over.
Frederick Vettese is former chief actuary of Morneau Shepell and author of Retirement Income for Life. If you have a retirement-related question you want answered, send us an e-mail. We can’t promise to answer them all but we’ll have a look.