Here is a simple goal planner that serves as a visual aid to highlight the importance of beating inflation for long-term financial goals. It compares the evolution of the current cost of an expense with an assumed inflation rate and the growth of monthly and lump sum investments.
The monthly or lump sum investment along with the corresponding interest rates have to be modified until the 'cost' curve intersects with either the 'lump sum investment value' or the 'monthly investment value' curves (red dot).
Practical advice + calculators for you to develop personalised investment solutions
Thank you for reading. You may also like
Freefincal has open-source, comprehensive Excel spreadsheets, tools, analysis and unbiased, conflict of interest-free commentary on different aspects of personal finance and investing. If you find the content useful, please consider supporting us by (1) sharing our articles and (2) disabling ad-blockers for our site if you are using one. We do not accept sponsored posts, links or guest posts request from content writers and agencies.
Blog Comment Policy
Your thoughts are vital to the health of this blog and are the driving force behind the analysis and calculators that you see here. We welcome criticism and differing opinions. I will do my very best to respond to all comments asap. Please do not include hyperlinks or email ids in the comment body. Such comments will be moderated and I reserve the right to delete the entire comment or remove the links before approving them.