"An annual income that typically grows 2.5%"
If you're lucky enough to work at a company that does actually have a policy of CPI pay increases every year.
Of all the companies I've worked for (7), only 1 did.
If you're lucky enough to work at a company that does actually have a policy of CPI pay increases every year.
Of all the companies I've worked for (7), only 1 did.
(yes I realize that you are thinking about keeping up with inflation, but my point is that that's irrelevant for the point the grandparent is making)