While everyone talks about the wonders of compounding, One should be equally aware of the inflation impact
Every decade appox. 50% of the Rupee value depreciates
Meaning in 2010 if you had 100 INR and did nothing with it then in 2020 its purchasing power will half.
When planning for a medium/long term financial goal, It becomes very important that inflation be factored
Other important factor which a lot of folks miss out on while working on Compounding Excel Sheets is Taxes
Think about it next time you plan for a financial goal 🙏🙏 ~ Manu Bhatia.
True that, whenever you plan for future, also take it in the consideration of inflation, taxes and more more depreciating factors as well aa appreciating factors.