Inflation Calculator
See how inflation affects the purchasing power of your money over time and plan accordingly.
Input Details
$
0320
Current Federal Reserve target: 2.0%
Inflation Impact
Future Equivalent Value
$13,439
Purchasing Power
$7,441
Value Lost to Inflation
$2,559
Value Breakdown in 10 Years
Purchasing Power ($7,441)7440.93914896725
Value Lost to Inflation ($2,559)2559.06085103275
Frequently Asked Questions
What is inflation?
Inflation is the rate at which the general level of prices for goods and services rises, reducing the purchasing power of money. The US Federal Reserve targets 2% annual inflation.
How does inflation affect savings?
If your savings earn less interest than the inflation rate, your money loses purchasing power over time. This is why investing in assets that outpace inflation is important.