You are usually lucky to
keep pace with inflation when you use a CD for savings.
You are usually lucky to
keep pace with inflation when you use a CD for savings.
Either way, even a 7 % return that at least partially
keeps pace with inflation when long bonds are yielding 4 % isn't such a bad deal, IMHO.
Not exact matches
In Ontario (where tax rates are close to the Canadian average), your salary would put you in a 43 % tax bracket now, but you would pay only 26 % in tax
when you take the money out of an RRSP later, assuming rates stay constant and tax brackets
keep pace with inflation.
So that
when that inevitable day arrives, your policy has grown as you aged, allowing your beneficiary to receive a death benefit that has (hopefully)
kept up
with the
pace of
inflation.
So that
when that inevitable day arrives, your policy has grown as you aged, allowing your beneficiary to receive a death benefit that has (hopefully)
kept up
with the
pace of
inflation.