You need to calculate the future value of your investment not just by considering the interest over a while but also the inflation that will take place. Due to inflation, the purchasing power of your money will decrease in the future.
Hence you should always know the inflation-adjusted value of your investment after a certain period so that you can make smart choices while investing or retiring.
Our Future Value Calculator Excel Template helps you calculate the following values:
- The estimated rate of inflation during the period of your investment.
- The amount you will need after the particular period to make the same investment, keeping in mind the inflation rate.
- The deflated value of your investment in a specific period.
You should Download Future Value Calculator Template in Excel to know the real value of your money in the future.