File Your Income Tax @ ₹999Get Started

Inflation Calculator

How much you will need in the future to meet your current expenses against inflation.

₹30,000

Current Expense

₹0

Future Value

Beat Inflation

Start investing today to grow your wealth faster than inflation and secure your financial future.

  • Create Your Free Account
  • Safe and Secure Investments
  • Get Professional Guidance
Start Investing

What is an Inflation Calculator?

An Inflation Calculator is a financial tool that helps you understand how the purchasing power of your money changes over time due to inflation. It shows you how much you'll need in the future to maintain the same standard of living or achieve specific financial goals, considering the impact of rising prices.

This calculator is essential for long-term financial planning as it helps you account for the eroding effect of inflation on your savings and investments. By understanding future costs, you can make better investment decisions and ensure your financial goals remain achievable.

How to Use Inflation Calculator?

Using our Inflation Calculator is straightforward and involves these simple steps:

  1. Enter Current Amount: Input the amount you want to calculate the future value for (e.g., ₹50,000 monthly expenses).
  2. Set Time Period: Specify the number of years into the future you want to calculate for.
  3. Inflation Rate: Enter the expected average inflation rate (typically 6-7% for India).

The calculator will provide you with the future value of your money, helping you understand how much more you'll need to save or invest to maintain your desired lifestyle.

How Can an Inflation Calculator Benefit You?

Using an Inflation Calculator offers several important benefits:

  • Retirement Planning: Helps you estimate how much you'll need to save for retirement to maintain your current lifestyle.
  • Goal Setting: Enables you to set realistic financial goals by accounting for future price increases.
  • Investment Decisions: Guides you in choosing investments that can potentially outpace inflation.
  • Budget Planning: Assists in creating long-term budgets that consider rising costs.
  • Financial Security: Helps ensure your savings and investments maintain their real value over time.

By understanding the impact of inflation on your finances, you can make more informed decisions about your savings, investments, and overall financial planning. This knowledge is crucial for maintaining your purchasing power and achieving long-term financial security.

What you should know about Inflation

Related Tools

SIP Calculator

Find the future value of your monthly/quarterly SIP investments through mutual funds.

SWP Calculator

Calculate the remaining value of your mutual fund investment after systematic withdrawals.

Goal Calculator

Determine the monthly SIP investments you need to make to reach a particular goal.