Understand how inflation erodes your money's purchasing power over time with detailed yearly projections.
Choose investments that outpace inflation.
Monitor spending to adjust for rising costs.
Adjust savings goals for future expenses.
| Year | Future Value (₹) | Present Value (₹) | Purchasing Power Loss (₹) |
|---|
Inflation is the rate at which the general level of prices for goods and services increases over time, reducing the purchasing power of money. For example, ₹1,00,000 today may only buy ₹55,839 worth of goods in 10 years at 6% inflation.
Understanding inflation helps you plan investments and savings to maintain your lifestyle in the future.
At 6% inflation, ₹1,00,000 today will need ₹1,79,085 in 10 years to buy the same goods!