Plan for your child’s education: cost, time and flexibility
Build an education goal from today's cost, inflation, existing savings and a realistic contribution. Understand why the deadline matters.
3 min read
PLAN WITH MORE CLARITY
Inflation calculator
Estimate the future cost of a goal and the purchasing power of today's money at an assumed annual inflation rate.
Make it your own
₹
₹1k₹10.0Cr
years
1 year40 years
%
0%15%
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Illustrative future costIllustration only
Cost today₹10,00,000
Purchasing power of unchanged amount₹5,58,395
Future costPurchasing power of unchanged amount
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Illustrative results only. Rates shown are user-selected assumptions, not product quotes or forecasts. Actual outcomes depend on markets, cash flows, costs and your circumstances.
BEHIND THE NUMBERS
How this calculation works
Future cost = today's cost × (1 + inflation)^years. Purchasing power of the same nominal amount = today's amount / (1 + inflation)^years.
Inflation is assumed constant. The cost of education, healthcare or your own spending basket can change differently from a broad inflation measure.
A FEW USEFUL ANSWERS
Before you make a plan
No. It is an editable assumption. Use a range of plausible rates and check actual prices for your goal.
No. Future cost describes what you may need to spend. An investment's after-cost, after-tax return determines how much purchasing power it may preserve.
TAKE THE NEXT STEP WITH A PERSON.
Numbers help.
A conversation connects them.
Bring your goals and questions.
Let’s explore what fits your life.
Talk to Pranay Mutual Fund Distributor · ARN-341515