Inflation Calculator
Understand how inflation erodes purchasing power over time. This tool calculates the future value of your money or determines what current amount was worth in the past based on an average inflation rate.
How to Use
- Amount: The monetary value you want to check.
- Inflation Rate: The annual percentage increase in prices (e.g., 3.5% historic average).
- Years: The time horizon for the calculation.
Why it matters
Inflation acts as a "hidden tax" on savings. If your money isn't earning interest that at least matches inflation, you are effectively losing wealth. Use this calculator for retirement planning or to understand price changes in the economy.