News From Press Financial calculators offer oversimplified projection and can come apart easily; why you must not take these as final word

Financial calculators offer oversimplified projection and can come apart easily; why you must not take these as final word

Source: ET 5 hours ago

Online financial calculators offer a seemingly easy way to plan for major life goals like retirement and education. However, these tools rely on multiple assumptions about inflation and investment returns. Even small inaccuracies in these estimates can drastically alter the calculated amounts, potentially leaving individuals underprepared.

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