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<blockquote data-quote="Allen" data-source="post: 489029" data-attributes="member: 389">For sure the increased cost of fuel increases the cost of production and transportation of all commodities, services, and retail goods.&nbsp; It's called inflation and we can all choose to incorporate inflation into our budgets, or we can be the &quot;victims&quot; of it.&nbsp; It's not that I don't have empathy for those on fixed incomes, I just think far too many aim for a minimalist existence in retirement. Typical retirees often plan on needing something around 75-80% of their pre-retirement income.&nbsp; Something silly about no longer having work-related or childcare expenses.&nbsp; Heck, I am planning on having 100-120% of my pre-retirement income in retirement as I no longer will be paying child support or into my retirement accounts.FWIW, I don't consider that a flex, nor do I intend to brag about it.&nbsp; It's just my requirement for income going forward. Because I don't intend to become a couch potato, sitting around watching Oprah reruns.&nbsp; I know my hobbies are expensive, you know...hunting, fishing, travel, etc.&nbsp; I also don't want to be that old timer depending on a 40-yr old boat and engine to carry me safely back to the boat ramp on demand.&nbsp; I call that &quot;adventuring&quot;, not fishing.</blockquote>

[QUOTE="Allen, post: 489029, member: 389"] For sure the increased cost of fuel increases the cost of production and transportation of all commodities, services, and retail goods. It's called inflation and we can all choose to incorporate inflation into our budgets, or we can be the "victims" of it. It's not that I don't have empathy for those on fixed incomes, I just think far too many aim for a minimalist existence in retirement. Typical retirees often plan on needing something around 75-80% of their pre-retirement income. Something silly about no longer having work-related or childcare expenses. Heck, I am planning on having 100-120% of my pre-retirement income in retirement as I no longer will be paying child support or into my retirement accounts. FWIW, I don't consider that a flex, nor do I intend to brag about it. It's just my requirement for income going forward. Because I don't intend to become a couch potato, sitting around watching Oprah reruns. I know my hobbies are expensive, you know...hunting, fishing, travel, etc. I also don't want to be that old timer depending on a 40-yr old boat and engine to carry me safely back to the boat ramp on demand. I call that "adventuring", not fishing. [/QUOTE]

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