Inflation's Impact on Future Value: Inflation decreases the purchasing power of money over time, meaning that a fixed amount of money will buy fewer goods and services in the future.

Using an Inflation Calculator: An inflation calculator helps estimate the future value of money by accounting for expected inflation rates, allowing individuals to plan for long-term financial goals.

Long-term Financial Planning: Understanding how inflation affects money value is crucial for effective long-term financial planning, ensuring that savings and investments maintain their real value over time.