How does inflation affect my savings?

Inflation erodes purchasing power: $10,000 today will not buy the same goods in 20 years. The calculator converts amounts into future dollars so you can plan realistically.

What is a typical inflation rate?

Central banks generally target about 2% per year, though actual rates fluctuate. The calculator defaults to 3% and lets you adjust to match recent or expected inflation.

Economic

Inflation Calculator

Buying power over time

See how inflation erodes purchasing power over time. Calculate the future value of money and what your savings will be worth in tomorrow's dollars.

Inflation Settings

Amount$Start YearEnd YearAvg Inflation Rate%Historical avg ~3.5%

Inflation Over Time

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How It Works

The Formula

FV = PV ÷ (1 + i)^t

PV = today's money · i = inflation rate · t = years

Worked Example

$1,000 today · 3% inflation · 10 years

1FV = 1000 ÷ (1.03)¹⁰
2(1.03)¹⁰ ≈ 1.3439
3FV ≈ 744

Result: $1,000 will buy ≈ $744 worth in 10 years

Pro Tip

Long-term average US inflation is ~3% — plan around it.

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Frequently Asked Questions

How to Use This Calculator

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About the author

Calculatore.net Team

Our team of finance and math specialists builds every calculator with industry-standard formulas, then verifies each tool hands-on. Learn more in our blog & guides.