I'm economy-ignorant, but even I can read the writing on the wall. It makes me a bit leery of my retirement plans because I'll be locked in at pre-inflation starting numbers and the buffer I've built up may not withstand the assault.
Three necessities. One is to pay off all debts, including mortgages and car payments. The other is to stay out of those retirement savings as long as possible. The third is to not have huge debts anticipated...roof, plumbing etc...get them done before hitting retirement.
If you retire before reaching that point, continue bringing in income, even if it's a yucky retail or restaurant job, until you've reached that point.
I've done it that way. You'd be surprised how little it takes to comfortably live on when you're at that point.
Ohhh...one more thought. If I had to stretch the budget even more, the day could come when to do that it would mean no auto. It's a good idea to live in a place where you could survive without a car if you had to.