Investment tips: If you invest from now for the future of you or your children, then do not ignore the inflation rate. First of all, know that the amount you are investing, how much will its value be in the future.
You will not be able to buy as much goods after 10 years as you can buy in one lakh rupees.
Investment tips: If you want a corpus of 1 crore for your old age, then there are many SIP schemes available to prepare it. With the help of SIP calculator, you will easily know how much you have to deposit every month as well as the return on investment. For example, if you deposit 10 thousand rupees every month in a scheme whose return is 12% per annum, then after 20 years your fund will become 1 crore.
In this way, when one prepares to secure his future, he forgets one thing that is the inflation rate. In other words, the value of 1 crore today will not be the same after 10, 20, 25, 30 years from today. In such a situation, it is also important to know that after all, how much will the value of 1 crore remain in the future. The value of currency decreases due to inflation. You will not be able to buy as much goods after 10 years as you can buy in one lakh rupees. At the same time, 10 years ago, they could buy more goods than today.
Know how much will be the value of 1 crore
Now for your information, would like to tell that if we consider the inflation rate to be 5 percent, then the value of 1 crore will be 48 lakhs after 15 years. At the same time, its value after 20 years will be 37.68 lakhs, after 25 years 29.53 lakhs and after 30 years it will be 23.13 lakhs. To calculate this, the inflation rate has been kept fixed at 5 percent.
Inflation expected to be 5-6 percent
Investment experts say that general inflation is expected to be 5-6 per cent in the coming years. The Reserve Bank recently kept the inflation target at 4 per cent for the next five years. In this, a bracket of +/- 2 percent has been kept. Medical and educational inflation tends to pick up more in the long term. In such a situation, if you are preparing for the future of children, then special care should be taken of this.
Prepare in this way in matters of education
Let’s say that at present the average fee of MBA is Rs 15 lakh. If you save for this for the future of the children, then after 20 years at the rate of 7 percent inflation, this value will become 40 lakhs. In such a situation, your target should be 40 lakhs and not 15 lakhs.
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