Retirement Weekly
How you can lose even while you think you’re winning
Money illusion means confusing nominal investment returns with inflation-adjusted, or real, returns.
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Of all investors, retirees need to avoid the rookie investment mistake known as “money illusion.”
Yet recent evidence suggests that they remain as guilty of it as everyone else. Which is to say they’re very guilty.
Money illusion is the term economists use for confusing nominal investment returns with inflation-adjusted, or real, returns….
