Impact of Inflation

What is the Impact of Inflation? Assume you have RM10,000 today. Below is a chart which shows you what happens to your RM10,000 given the varying rate of inflation from 2-10%. Inflation Rate(%) 10 years 15 years 20 years 2 8,203 7,430 6,370 4 6,755 5,552 4,563 6 5,583 4,172 3,118 8 4,631 3,152 2,145 10 3,855 2,394 1,486 Therefore, if you don't grow your savings through carefully chosen investments, your RM10,000 will be eaten away by inflation to RM4,563 after 20 years at 4% inflation rate.