New Delhi, June 27 -- Are you in your 30s? Or late 20s? It is natural that, for you, retirement can seem far away. This can easily make you lose focus on the significance of how inflation can slowly but surely alter the amount you may need to sustain a comfortable life in your later years.

In such cases, what you must not forget is the fact that sensible planning for your retirement from today can go a long way in paving the way for your economic success, prosperity, and family well-being in your later years.

Furthermore, financial professionals and experts emphasise the same idea; they suggest that one should plan investments, understand the impact of inflation and the invaluable importance of compounding in their investment journey, s...