Inflation Impact Calculator

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What Does This Tool Do?

Inflation reduces the value of money over time. This calculator helps estimate how much your money will be worth in the future, adjusted for inflation.

How to Use

  1. Select the currency you want to use.
  2. Enter the current amount of money you have.
  3. Specify the expected annual inflation rate (in %).
  4. Enter the number of years you want to project into the future.
  5. Click "Calculate" to see the future value of your money after accounting for inflation.
  6. You can download the results as a PDF or share them on WhatsApp.

Why is This Important?

Understanding the impact of inflation is crucial for financial planning. It helps you make informed decisions about savings, investments, and spending. By knowing how inflation erodes purchasing power, you can better plan for your financial future.

Example

If you have ₹100,000 today and the inflation rate is 6% per year, after 10 years, your money will be worth significantly less in today's terms.

Key Features

Frequently Asked Questions

What is the purpose of this calculator?

This calculator helps you understand the impact of inflation on your money over time, allowing you to make informed financial decisions.

How accurate are the results?

The results are based on the inputs you provide and the assumed inflation rate. Actual inflation rates may vary.

Can I use this calculator for any currency?

Yes, this calculator supports multiple currencies, including INR, USD, EUR, GBP, and JPY.

How do I download the results?

After calculating the future value, you can click the "Download PDF" button to save the results as a PDF file.

Can I share the results on WhatsApp?

Yes, you can click the "Share on WhatsApp" button to share the results with your contacts.

Formula Used

Future Value = Present Value / (1 + r)n

Where r = inflation rate, n = years