Show t UW L poi aoah rn BIT Elir lf rr and ge get more frD from the GD GOOD D YEARS By sy IJ Ari I 3 N. N How Ilow is it possible a friend asked to effectively plan for the tho retirement years years' when the only certainty is that the cost of living will b be higher from year to year The best answer we can give is that planning for retirement is not a dried cut-and-dried proposition There must be bo flexibility There must be allowances for circumstances The cost of living does continue con conk upward This consideration should be ho made in budget plan plan- ning Some compensation can be made in view of the fact that certain eer certain tain expenses related to job hold ing fag will reduce spending How reliable is the tho Consumer Price Index issued monthly by bythe bythe bytho the tho US U.S. Department of Labor It is a guide A stud study of the theIn Index Index In In- dex over the past few years years- and anda a reasonable evaluation of current current cur cur- rent trends will be helpful Th The Consumer Price Index however does docs not present a per feet picture of the cost of living The government basest Index on the prices paid for some some basic items these items have hav changed since 1951 and are Ire frequently fre fre fret upgraded For or example when the Index began TV sets seta were not listed What this means means ir simply is is' that the Consumer Price Index measures measures the cost o of maintaining ing a Ii standard of living nan the actual cost of living l Base your retirement plans upon the tho stand standard d' d of living yo you youcan youcan can best afford If you need a anew anew new TV will it have haye to be color When you buy food can an anyo yo you afford afford af at ford the best cuts in meat Can you pay extra for packaging for preparation such as cut chicken chickel parts paris costs incurred by the sup ui Set your own standards s make l. l a good plan with witha a few allowances allow allow- i ances for the unexpected That's n the e best way |