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Inflation is a Historic RealityThe CPl-W (Consumer Price lndex for Urban Wage Earners And Clerical Workers) is used to track inflation and annually adjust benefits paid to Social Security beneficiaries and Supplemental Security lncome recipients. Back in January 2000, the CPl was 165,600. By December 2022, it was 291,051, not quite double. That's a steep reduction in the dollar's buying power oчer the last 22 years, As an example, $100 worth of groceries purchased in January 2000 might have cost $175.76 in December 2022 according to the CPl-W.
https://www.ssa.gor/oact/STATS/cpiw.html https://www.fool.com/investing/general/how-to-calculate-the-real-value-of-money-using-the.aspx#
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Pre-Paid Funeral vs Final Expense Insurance: Which one is a better choice for you?When planning for the inevitable cost of your final expenses there are two common solutions, either Pre-paying a funeral home or getting final expense insurance to cover your needs. Here are some advantages and disadvantages of both options.
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