A fixed deposit feels safe, but at 6% inflation your money's purchasing power halves in about twelve years. Plan for it.
Ask what today's petrol, school fees or a wedding cost twenty years ago and you have met inflation personally. At 6% a year, prices roughly double every twelve years. Money that is not growing at least that fast is quietly shrinking, no matter how safe the locker it sits in.
Safe is not the same as risk-free
A deposit returning less than inflation after tax carries a guaranteed loss of purchasing power. That is a risk too, just an invisible one. The visible risk of equity, prices moving up and down, is the price paid for returns that have historically outrun inflation over long periods.
What this means for your plan
Money needed within two or three years belongs in safe instruments; inflation cannot do much damage in that window. Money for goals a decade away must include growth assets, or the goal itself inflates faster than the savings. This is why our long-term plans always carry an equity allocation sized to your comfort, and why every goal number we compute is an inflation-adjusted number, not today's price.
Questions about your own plan?
A short conversation with a veteran-led team costs nothing and usually clarifies a lot.