Future Value Calculator

What Is Future Value?

Future value is the value of an asset/product/investment in a set future date. It shows you how much the cost/value of a current asset/product/investment will be in the future.

Let’s understand this with an example. Suppose Sunita has a son aged 5 years, and there are 13 years remaining till her son joins a college. Now, Sunita wants to know how much she needs to save for her son’s college education? Suppose the rate of inflation is 9% and current cost of the course that Sunita wants to opt for is Rs. 5,00,000/- so when she calculates the future cost of her son’s education, after 13 years the cost of education will be Rs. 15,32,902/-.

How To Use Future Value Calculator?

Simply input time period (in years), current rate of inflation (inflation is the increase in price of goods and services like food, clothing, housing etc.), and current cost/value and you will get the result.

What Are The Uses Of Future Value Calculator?

You Can Use It As:

✧ Child’s Education Future Value Calculator

✧ Marriage Cost Calculator

✧ Retirement Planning Calculator

✧ Vacation Cost Calculator

✧ Investment Calculator

What Are The Benefits Of Future Value Calculator?

(i) You will be able to determine the exact future value of present cost involved.

(ii) You can create an investment/savings plan as according to your requirements and budget.

(iii) In case of Investment, the future value of investment that can be done through SIP or lump-sum can be precisely determined using the calculator.

(iv) You can plan your finances effectively to reach your financial goal be it Children’s Education/Marriage/Retirement/Vacation/Investment etc.

(v) Freedom from burden and tension of last moment planning.