Inflation Calculator
Calculate the impact of inflation on purchasing power over time
How much will you need in the future to match today's purchasing power?
Understanding Inflation
Inflation means prices rise over time, reducing what your money can buy. Planning for inflation is critical for retirement, savings goals, and long-term financial decisions.
Guide
How it works
Inflation erodes purchasing power over time. This calculator shows either how much you'll need in the future to match today's buying power, or what a historical amount is worth in today's dollars.
What is the average inflation rate in the US?expand_more
Historically, the US Federal Reserve targets 2% annual inflation. Actual rates have ranged from near 0% to over 9% in recent years (2022).
How does inflation affect savings?expand_more
If your savings earn less than the inflation rate, you're losing real purchasing power even if the balance grows. A savings account at 1% during 3% inflation loses 2% in real terms annually.
What is the Rule of 72?expand_more
Divide 72 by the inflation rate to estimate how many years until prices double. At 3% inflation, prices double in about 24 years.
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