General
Inflation
Also known as: Price Rise, Currency Devaluation
The rate at which prices of goods and services increase, reducing purchasing power over time.
Detailed Explanation
Inflation erodes the purchasing power of money over time. In India, retail inflation typically ranges from 4-6% annually. This means ₹100 today will have the purchasing power of approximately ₹95 next year at 5% inflation. Investments must beat inflation to maintain real wealth, making equity investments crucial for long-term goals.
Related Calculators
SIP & Lumpsum Calculator
investmentsCalculate SIP returns with step-up options for mutual fund investments
Use Calculator→
Retirement Corpus Planner
planningCalculate required retirement corpus and monthly SIP with comprehensive withdrawal strategy
Use Calculator→
Goal Planner (Education/House)
planningPlan for education, house purchase and major life goals with inflation adjustment
Use Calculator→