Compute The Future Value of Your Monthly Expenses

This article starts below.

Compute The Future Value of Your Monthly Expenses

Inflation erodes the purchasing power of your hard-earned peso. This is why over the years, your one-hundred pesos will buy less and less goods; you will need more money in the future to buy the same number of goods.

What is the equivalent peso value of your current monthly expenses when you retire, say, 20 or 30 years from now? The answer may affect your views on how much you need for retirement.

Use this tool to discover the answer.