"More importantly, this formula leads us to an unfortunate conclusion—inflation has a larger impact on those with lower savings rates." This a very weird piece

"More importantly, this formula leads us to an unfortunate conclusion—inflation has a larger impact on those with lower savings rates." This a very weird piece. I technically cannot say the math is wrong, but the conclusions reached are simply wrong. The saving rates ( and other assets producing income ) are meaningless if the inflation swallows it. And if you think inflation protected products are the answer, with increased inflation their entry 'price' will only get higher and more inaccessible to regular folk. In short, the calculations are not wrong, but they seem to ignore the reality of US population, where 5% inflation and 5% increase in wages at best means a wash.