When forecasting long-term inflation rates for financial planning purposes,it is better to err on the high side rather than on the low side.

Name: When forecasting long-term inflation rates for financial planning purposes,it is better to err on the high side rather than on the low side.
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It is generally better to overestimate inflation when making long-term financial plans to avoid underestimating and falling short of needed funds in the future.

When Forecasting Long-Term Inflation Rates for Financial Planning Purposes,it Is