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Inflation Calculator

Current Value =
Inflation Rate = 3
Years =
Adjusted Value =

Help

Because prices increase over time, an amount of money can buy more today than it can tomorrow. This template considers the effects of inflation on an amount of money.

Rows

- Current Value: Current value in today's dollars.
- Inflation Rate%: Annual inflation rate expressed as a percentage. Historically, US inflation has been 3% per year.
- Years: Number of years. Positive means Adjusted Value is in the future; negative means Adjusted Value is in the past.
- Adjusted Value: Inflation adjusted value.

Examples

Example 1

A client wants to retire in 20 years and would like to have $1 million in the bank. If inflation averages 3% over that time period, what is the buying power of that $1 million 20 years from now?
- Current Value: 1,000,000
- Inflation Rate%: 3.0
- Years: 20
Select "=" on Adjusted Value row. The buying power (the value of $1 million tomorrow expressed in today's terms) would be $553,675.75.

Example 2

If the same client wanted the buying power of $1 million when he retires, how much would he have to actually save?
- Adjusted Value: 1,000,000.00
Select "=" on Current Value row. Your client would need to save $1,806,111.23.

Keywords

Current Value
Inflation Rate
Years
Adjusted Value
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