HomePersonal Finance₹1 Crore Value: After 30 years, Rs 1 crore will be worth...

# ₹1 Crore Value: After 30 years, Rs 1 crore will be worth only Rs 17 lakh, know the complete calculation

### Rupees 1 Crore Value after 30 years: In today’s time, 1 crore rupees seems like a big amount. But will 1 crore have the same value today after 15 years or 20 years or 30 years? No. How much of your 1 crore will be just Rs 17 lakh 30 years from now?

Rupees 1 Crore Value after 30 years: In today’s time, 1 crore rupees seems like a big amount. But will 1 crore have the same value today after 15 years or 20 years or 30 years? No. How much of your 1 crore will be just Rs 17 lakh 30 years from now? Will this much money be enough to run life? Will 1 crore then be enough to fulfill targets like retirement, children’s education, buying a house, or long vacations? But the question is, will the same value of 1 crore remain even after 30 years?

### Effect of inflation: How does the value of money decrease?

The effect of inflation reduces the real value of money over time. For example, if the price of a car today is Rs 10 lakh, then after 15 years this price will be much higher. Similarly, food items or house rent were also less 10-15 years ago compared to today. Due to inflation, the value of money keeps decreasing, so a large amount of money today does not remain the same in the future.

### What will be the value of Rs 1 crore after 30 years?

If the inflation rate remains 6%, then after 10 years the current value of Rs 1 crore will decrease to around Rs 55.84 lakh.

• After 20 years: The value of Rs 1 crore will be around Rs 31.18 lakh.
• After 30 years: The value of Rs 1 crore will be only Rs 17.41 lakh.

### Why is retirement planning needed?

Due to inflation, the value of money keeps decreasing over time, so the need for smart retirement planning increases. People often make future plans based on today’s price, which is not enough considering the effect of inflation. If an investment gives a return of 6%, then your earnings can be almost neutralized due to the rate of inflation. Therefore, it is important to invest properly and thoughtfully to meet future needs.

### How to do the right planning?

To reduce the impact of inflation, invest money in investment schemes that give better returns than inflation. Schemes like stocks, mutual funds, or real estate can give good returns in the long run. Rs 1 crore will not hold the same value after 30 years as it does today, so proper retirement planning and wise investment is important.

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Sunil Kumar
Sunil Sharma has 3 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done B.Com in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @sunil.izone@gmail.com
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