I think it's helpful to track both nominal and real amounts.
For me, it's easier to project my future needs in real dollars. I need $x to live on now, so with a real return if %y, my FI line is in year z.
However, it's helpful to have i($x) and i(%y) tracked as well where i is inflation. So, as I'm looking at that future year z approach and checking my investments I don't lose track of what the real number will be.
For me, it's easier to project my future needs in real dollars. I need $x to live on now, so with a real return if %y, my FI line is in year z.
However, it's helpful to have i($x) and i(%y) tracked as well where i is inflation. So, as I'm looking at that future year z approach and checking my investments I don't lose track of what the real number will be.