Inflation Calculator: How much will be the value of 1 crore rupees today after 20, 25 and 30 years, how to calculate this and how to estimate how much money you will need to live your life according to your current lifestyle in old age? Know here

Inflation Calculator: In today's time, the value of ₹1,00,00,000 is considered quite good. There are still many people who are not able to save so much money in their lifetime. But this value of 1 crore will not remain forever because with the increase in inflation, the value of the rupee also decreases. You too must have seen inflation and expenses increasing rapidly from childhood to youth. That is why financial experts always recommend retirement planning according to inflation and ask to invest in those schemes which have the ability to beat inflation.

But the question arises that how much will the value of 1 crore rupees today be after 20, 25 and 30 years, how to calculate this and how to estimate how much money you will need to live your life according to your current lifestyle in old age? No need to worry, before doing retirement planning, you can estimate it by using Inflation Calculator. Here know how much money you will get after 20, 25 and 30 years to live a life of 1 crore rupees in today's time.

Know how much money you will need after 20-30 years

Considering the way inflation is increasing at the rate of 5-6 percent every year, the value of 1 crore will be much less after 20-25 years. If we calculate using the Inflation Calculator assuming the inflation rate to be 6%, then 1 crore rupees is enough to live a good life today, but with the same inflation rate, 20 years from now, instead of 1 crore, you will need 3,20,71,355 rupees to live a life like today, after 25 years you will need 4,29,18,707 rupees, while after 30 years you will need 5,74,34,912 rupees.

This is how to do retirement planning.

After the calculation, it is clear that after 20 to 30 years, the value of 1 crore rupees will decrease considerably. Therefore, if you are planning your retirement today, then set your target based on this calculation and then do your retirement planning. To achieve financial goals, save as much money as possible and invest in those places that can beat inflation. In today's time, SIP Mutual Funds is considered a very good scheme for the future. Apart from this, you can also invest in property, etc. because their prices also increase rapidly with time. Keeping the future in mind, you can also take advice from a financial expert for investment.