Retirement planning: Understand how inflation ‘decompounds’ income to avoid old-age poverty

People understand returns but they do not understand inflation. They understand how income compounds but do not understand how inflation ‘decompounds’ it. Prices will rise and the money will not be enough. In a decade or so, they will be looking at the biggest tragedy of retirement.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/plan/retirement-planning-understand-how-inflation-decompounds-income-to-avoid-old-age-poverty/articleshow/78459271.cms