Retirement Inflation Calculator

Plan for inflation in retirement. Calculate how much monthly income you will need in the future to maintain your current lifestyle when you retire.

Understanding Inflation

Inflation is the rate at which the general price level of goods and services rises, eroding purchasing power. When prices go up, each unit of currency buys fewer goods—your money becomes worth less over time.

Inflation Formula

Future Value = Present Value × (1 + r)ⁿ

Where: r = Annual inflation rate (decimal), n = Number of years. This tells you how much you'll need in the future to have the same buying power.

Example Scenarios

CurrentRatePeriodFuture NeedFuture Value
₹50,000/month6%20 years₹1,60,357/monthYearly: ₹19.2L+
₹1,00,000/month5%25 years₹3,38,635/monthYearly: ₹40.6L+

Beating Inflation

To preserve purchasing power, your investments must earn more than inflation. If inflation is 6%, any investment returning less than 6% is actually losing value. Consider SIP in equity funds (historically 12-15%) or PPF (7.1% tax-free) to beat inflation.

Frequently Asked Questions

How much should I save for retirement considering inflation?

If you need ₹50,000/month today and retire in 20 years, you'll need ~₹1.6 lakh/month at 6% inflation. Use the 4% withdrawal rule: you need a corpus of ₹4.8 crore to generate ₹1.6 lakh/month safely.

Why is inflation more dangerous for retirees?

Retirees live on fixed incomes while prices keep rising. A 25-year retirement at 6% inflation means prices will 4x by the end. Your retirement corpus must grow even during retirement to maintain purchasing power.