Originally Posted by Icarus
By the time you're 58, a million quid will buy you a reliant robin and a few pints...just sayin'....
Possibly. It depends how inflation goes from Q/E, and things such as the cost of food and energy once we have the huge population of China expecting a good standard of living.
Sure there'll be a boom and inflation in a few years, but there will also be contraction and recession. Probably 3 business cycles before I retire, so it's not all hyperinflation doom and gloom.
That said inflation will erode mortgage debt, earnings tend to move slightly ahead of inflation and I should really get a much better net return than 7%, I'm just planning for a worser case in that scenario.