that's what is so frustrating to me. From the BLS itself the "The Consumer Price Index is basically a measure of changes in prices of the goods and services bought by urban " wage earner and clerical worker families "
That's not what CPI measures though! Not if housing and transportation, i.e., the renting of your home and the purchase or lease of a new/used vehicle are over 50% of CPI!
yet, people don't get it. They scream at me that I'm an inflation denier. I"m not. It's just your measure of inflation is WRONG!
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
https://www.morningstar.com/funds/vanguard-wellesley-income-is-top-choice
Could be a great fund to start with starting in retirement and cash. Or use Vanguard Wellington and cash if you want to be more aggresive