A softer inflation report can feel like good news. Indeed, it is – especially for retirees and younger savers who have watched everyday expenses climb over the past few years. But one better inflation reading doesn’t automatically mean your retirement plan is on track. Your plan shouldn’t be built on one month (or even year) of data, but on decades of purchasing power. Even if inflation seems to be slowing, retirees may still be paying more for groceries, insurance, housing, utilities, medical care and travel than they did years ago. Savers also need to understand how inflation can affect future…