When I was in Omaha right before I retired, diesel was $2.05 a gallon. Today, $5.60.
Unless my math is wrong, that’s a 275% increase.
“right before I retired”
Yep, lots of us FRiends in that same boat. I retired five years ago and my wife retired a year ago. We did financial planning for retirement counting on a stable inflationary environment.
Then the government came along and completely ruined all of our diligent planning and saving. We are royally screwed.
Damn them all to hell.
your math is correct. All you have to do is paste the formula I included in my original post into Excel or Libre Office Calc and substitute your numbers. It’ll calc for you automatically.