On this week's episode Damien discusses how to calculate your own personal inflation rate. In addition, Damien discusses the importance of understanding survivorship bias and how it can cause you to make poor financial decisions. Finally, Damien reveals the cost of living checklist that will help you cope with an unexpected financial shock.

 

Check out this week's podcast article on the MTTM website to see the full list of resources from this week's show.

 

• Savings accounts offering best rates for almost 10 years
• MTTM Podcast Episode 324 – Insurance risk vs reward
• Can I take money from my pension at 55 and still work?
• What is pension drawdown and how does it work?
• How much should I drawdown from my pension and how often?