There are other cash balances in his TFSA and a chequing account,
all eroding after inflation and tax.
Not exact matches
Inflation also
erodes after tax profits, which affects shareholders, including, likely, your pension funds.
The officials said Britain had cut the size of the national debt as a percentage of GDP
after the second world war, but mainly through controls on bank lending and
inflation eroding the value of the debt.
Once our spending target of $ 80 - 90k is inflated up to the net income of around $ 120k (
after about 20 years) we already have access to the tax - deferred accounts so we don't really worry too much about
inflation eroding our portfolio.
After adjusting for taxes and
inflation, most of these investments won't give you better returns and your wealth may get
eroded in long term.
After several hiccups in the spring, investors are once again selling bonds, believing that higher
inflation and more government borrowing will
erode the value of fixed - income assets that have already been issued.