Quote:
Originally Posted by Omah
I hope you've got yours sorted out - what if YOU live to over 100?
Of course, if you're 25 or under, you might have to work (if you've got a job in, say, 2043) until you're 75, say, 2063, when £30,000 now will only be worth £8,456.87 then and a 70 litre tank of petrol will cost £1,092.80, a loaf of bread £13.40, a bottle of wine £55.35 and a cinema ticket £63.45, assuming, for example, inflation rises at 5.00% and you receive annual interest of 2.40% on your savings after tax.
http://www.hl.co.uk/news/future-inflation-calculator
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What does it say directly after that point? Please post it for the whole forum.
