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Longevity's Evil Twin: Inflation
The Washington Post; subscription may be required 
Oct. 28, 2007
Excerpt: Moshe A. Milevsky, a finance professor at York University in Toronto and an expert in financial risk management, makes the point that inflation risk is also highly individual. Maybe, he said, we need to calculate a CPI-ME for individuals. 'Depending on where you live, how you spend your money, how old you are and even your gender, inflation is different,' he said. Even among the elderly, defined by the Bureau of Labor Statistics as households in which an individual householder or at least one of two householders is 62 or older, spending patterns differ over time, with medical expenses typically rising with age.
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