Know the impact of inflation on the financial value of your goals.
KNOW THE IMPACT OF INFLATION ON THE FINANCIAL VALUE OF YOUR GOALS.
What is the current cost of your financial goal?
₹3 lakhs
₹20 crore
What is the tenure of your financial goal?
1 year
50 years
What is your Inflation expectations?
1%
15%
Current Cost
₹3,00,000
Future Cost
₹3,82,884
With a 5% annual inflation rate, your goal of ₹3,00,000 will cost you ₹3,82,884 after 5 years.
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All you need to know about Impact of Inflation calculator
What is inflation?
Inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of money buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. Financial goals, being in the foreseeable future, may be impacted by inflation. Financial planning therefore takes inflation into account to be able to achieve your financial goals
What is impact of inflation calculator?
The impact of inflation calculator shows what will be the worth of a quantity of money after a certain period of time. Therefore if your financial goal is after a certain time period and the inflation rate is selected, it will provide the inflation adjusted amount required to achieve it.
How does the impact of inflation calculator help?
- The inflation calculator is easy to use. All one has to do is enter the amount of money required in the present, to achieve a financial goal such as purchase of dream vehicle, child’s education/wedding, dream house, retirement and calculates the purchasing power of the same money in the future.
- The inflation calculator provides the estimated worth of money in the future. The inflation calculator uses historical rates to calculate the same.
- The inflation calculator gives results within seconds and saves time for the investor. However, the same calculation might take time if done manually.
Disclaimer
The calculator, based on assumed rate of returns, is meant for illustration purposes only. Please get in touch with a professional advisor for a detailed suggestion. The calculations are not based on any judgments of the future return of the debt and equity markets / sectors or of any individual security and should not be construed as promise on minimum returns and/or safeguard of capital. In the preparation of the calculator, AMC has used information that is publicly available and information developed in-house. Information gathered and material used in this calculator is believed to be from reliable sources. AMC however does not warrant the accuracy, reasonableness and/or completeness of any such information. While utmost care has been exercised while preparing the calculator, AMC does not warrant the completeness or guarantee that the achieved computations are flawless and/or accurate and disclaims all liabilities, losses and damages arising out of the use or in respect of anything done in reliance of the calculator. The examples do not purport to represent the performance of any security or investments. In view of individual nature of tax consequences, each investor is advised to consult his/ her own professional tax advisor before taking any investment decision. The sponsor, the AMC, the Trustee or any of their directors, employees, affiliates or representatives (“entities & their affiliates”) do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information. MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
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(CIN - U74900MH2008FTC187029)
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Email: care@pgimindia.co.in
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MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. Read more
The information contained herein is provided by PGIM India Asset Management Private Limited (the AMC)
on the basis of publicly available information, internally developed data and other third-party
sources believed to be reliable. However, the AMC cannot guarantee the accuracy of such information,
assure its completeness, or warrant such information will not be changed. The information contained
herein is current as of the date of issuance* (or such earlier date as referenced herein) and is
subject to change without notice. The AMC has no obligation to update any or all of such
information; nor does the AMC make any express or implied warranties or representations
as to its completeness or accuracy. There can be no assurance that any forecast made
herein will be actually realized. These materials do not take into account individual
investor's objectives, needs or circumstances or the suitability of any securities,
financial instruments or investment strategies described herein for particular investor. Hence,
each investor is advised to consult his or her own professional investment / tax advisor / consultant for advice in this regard.
The information contained herein is provided on the basis of and subject to the explanations, caveats and warnings set out elsewhere herein.
The views of the Fund Manager should not be construed as an advice and investors must make their own investment decisions regarding investment/ disinvestment in securities market and/or suitability of
the fund based on their specific investment objectives and financial positions and using such independent advisors as they believe necessary.
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