Editor's note: Financial Planning 1.0 — what most of us encounter through advisers or on the Internet — meet version 2.0. This is the second in an eight-part series of columns by Laurence Kotlikoff ...
The 2% inflation target was set arbitrarily decades ago and may no longer fit today's economic realities. Persistently aiming for 2% inflation is increasingly difficult due to higher liquidity, larger ...