The money I dont spend now , is the money I will spend for retirement , the question is at 2% or -4% (real growth) subtracting 6% inflation (Real Growth = 2% - 6% = -4%) , I will be having negative growth year on year, or in laymans term if before I can buy 100 grocery items, the following year I can only buy 96 grocery items with the same amount. and so on. If you dont like that scenario , I can help you :) plan on how to beat negative growth for your funds. At the current of course this negative compounding is not felt because we are earning actively ( actively working) , but once retirement stage or there is a need for big purchase, these thoughts will come into play, and of course regrets likewise why not make your money work hard for you! :)
Posted on: Fri, 18 Jul 2014 08:24:18 +0000
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