Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I understand the difference between "Dollars" and "Today's Dollars." I think in Real Dollars from my business experience - I have rarely if ever seen anything in the business world reported in Today's Dollars. However, most of the financial planning work I've seen seems to all be in Today's Dollars. The only reason I can guess is because it's probably easier for consumers to input in 'today's dollars' vs asking them to inflate entries that are (often many) years away. Anyone know why "Today's Dollars" seem to be preferred by so many financial planners and software? Just curious...