Many on the left see this as another step in a progression from a low interest loan
pegged at the inflation rate, with means tested repayment towards a deregulated market valued loan system.
Not exact matches
Budget 2016 estimates for nominal GDP growth appear reasonable, with 2016 NGDP growth
pegged at 2.4 per cent (1.4 per cent real GDP growth plus 1.0 per cent GDP
inflation).
If the I - Bond
pegs inflation at 1.18 % every six months, translating to 2.36 % annually, is the risk - free rate of return a -2.16 %?
If the
inflation component had been
pegged at 2 percent in 2011 instead of the consumer price index, and assuming just half of school districts continued hiking taxes up to the limit, New Yorkers would have paid
at least $ 450 million more in school taxes alone between 2014 and 2016, and would face an extra $ 400 million on their school taxes in 2017 - 18.
I support repealing vacancy decontrol, or
at the very least, raising the cap to a minimum of $ 3000 and
peg future increases to the rate of
inflation.
According to Nielsen Bookscan, sales were up 1.65 % in the first quarter of 2015, but this can only be seen as nominal growth as the official
inflation rate was
pegged at 6.41 % last year, the market size actually decreased when compared to 2014.
And since both Social Security and their savings withdrawals are
pegged to
inflation, they'll have a good shot
at maintaining their purchasing power.
Even First REIT (Dividend Yield 6.5 %), which
pegged their rental escalation of their Indonesian hospital
at CPI capped
at 2 %, uses 2 % based on the past 10 year
inflation reading.
While there are no guarantees that you won't outlive your money, if you go to a good tool like the Retirement Income Calculator in our Retirement Toolbox, plug in $ 750,000 in savings divided equally between stocks and bonds and assume a $ 30,000 initial withdrawal
pegged to
inflation to maintain purchasing power, you'll find that there's roughly an 80 % chance your savings will last
at least 30 years.