Let's Talk Money: You've Worked Hard for It, Now Make It Work for You

by Monika Halan

For example, if we think inflation will be 6 per cent in the future, divide 72 by 6. This means you will spend twice of today’s expenditure in twelve years. If you spend Rs 1 lakh a month, in twelve years you will spend Rs 2 lakhs a month. In another twelve years, you will be spending Rs 4 lakhs a month;