Why do we need to account for inflation in our financial planning?

During your financial freedom years, you would want to maintain the same standard of living as today’s. Accounting for inflation allows us to come up with an accurate measure of your future costs so that you can maintain your purchasing power in your financial freedom years. Accounting for inflation also allows us to plan your finances conservatively, giving your financial planning a buffer to ensure that you’ll have sufficient assets in the future.

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