What is the Inflation Calculator? An inflation calculator shows how rising prices erode purchasing power: future cost = today's cost × (1 + inflation) ^ years.
How to use the Inflation Calculator
- Enter today's amount or the current cost of your goal.
- Enter the expected annual inflation rate.
- Choose the number of years.
- Use the future cost as the target amount in the Goal Planner.
Frequently asked questions
How do I calculate the future cost of a goal?
Multiply today's cost by (1 + inflation rate) raised to the number of years until you need it.
What inflation rate should I assume?
Long-run Indian consumer inflation has often been around 4% to 6%. Education and healthcare can rise faster, so use a higher rate for those goals.
Results are estimates based on the inputs you enter, not guaranteed returns or financial advice.