Inflation Calculator
What is an Inflation Calculator?
An Inflation Calculator helps you understand how the value of money decreases over time due to inflation. It tells you how much money you will need in the future to maintain the same purchasing power.
Formula Used
Future Value = Present Value × (1 + Inflation Rate)Years
Why Inflation Calculation Matters?
- Shows real future cost of goods
- Helps in long-term financial planning
- Useful for retirement planning
- Helps calculate future expenses for education, marriage and goals