Fun fact: The term "inflation" usually refers to price inflation. Indexing passive income to price inflation makes sense in the short term. However in the long

Fun fact: The term "inflation" usually refers to price inflation. Indexing passive income to price inflation makes sense in the short term. However in the long term, especially when talking about retirement income, wage inflation (which is usually higher than price inflation) can produce more insightful results. Using wage inflation in an analysis means that you build in the increases in living that can be expected over the decades. This comment was brought to you by your local HN actuary(ial analyst).