Inflation Calculator

Inflation is the rate at which the general level of prices for goods and services is rising, and, consequently, the purchasing power of currency is falling.

Inflation reduces the value of money over time. As a result, the purchasing power of your savings decreases unless your money grows at a rate that outpaces inflation.

The inflation rate refers to the percentage change in the cost of goods and services over time. A higher rate means a decrease in purchasing power.

As inflation increases, the value of money decreases. For instance, what you could buy for ₹100 today may cost ₹105 or more next year.

The Inflation Calculator calculates how the value of your initial investment will decrease due to inflation over a specified number of years and months.

Yes, inflation can significantly impact long-term savings. Over time, even small inflation rates can erode the purchasing power of your savings.

To combat inflation, consider investing in assets that outpace inflation, such as stocks or inflation-protected securities.

Tracking inflation is important because it helps you understand how the purchasing power of your money changes over time and how to plan for it financially.

Investments like real estate, stocks, and inflation-protected bonds (e.g., TIPS) are considered good choices to hedge against inflation.

It is a good idea to recalculate the inflation impact periodically, especially when there is a significant change in inflation rates or the time horizon.