Calculate how inflation affects your purchasing power over time.
To buy same thing that costs ₹100,000 today, you will need ₹179,085 after 10 years.
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.
If your savings are growing at 6% but inflation is 7%, you are actually losing purchasing power. Use this calculator to see how much money you will need in future to maintain your current lifestyle.