How Much Purchasing Power Will We Have in the Next Five Years?

by Nicholas Rizzo
MoneyWise

The last three years have seen an average annual inflation of 5.6%, the highest three year average inflation rate since the early 1980s recession.

With this in mind, we looked at data from the Bureau of Labor Statistics (BLS), the Federal Housing Finance Agency (FHFA) and Redfin to find out how far salaries have kept up with inflation over the last five years, and how much money we will have in our pockets in the next five years if things carry on in the same direction.

Continue Reading at MoneyWise.com…