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Calculate the effect of inflation on your money's purchasing power over time.
Inflation erodes the value of money over time. This tool calculates what a certain amount of money today will be worth in the future, or what a future amount is worth in today's terms, based on an average inflation rate. It's a reality check for long-term financial goals.
Historically, India's retail inflation (CPI) has averaged between 5% and 7%.
If your savings interest rate is lower than the inflation rate, your 'real' wealth is actually decreasing.