For those born in or retired in the 1980s, it’s hard to believe four decades have passed. That is, of course, unless you look at the difference in how far your income went then versus now.
If you’ve ever wondered whether retirement was really “cheaper” back in the day, you’re not alone. The cost of living has changed dramatically since 1984; for retirees, those differences can have a major impact on how far their savings stretch before becoming scrambled.
