What is the Inflation Calculator?

The Inflation Calculator estimates the future purchasing power of your money by accounting for annual inflation. By entering the current amount, the expected yearly inflation rate, and the number of years, the calculator shows how much your money will be worth in today’s dollars after the specified period. This tool helps you understand the effect of inflation on savings, plan investments, and make informed financial decisions.

How to Use:

1. Enter Initial Amount: Type the current amount of money in dollars.
2. Enter Annual Inflation Rate: Input the expected yearly inflation rate as a percentage.
3. Enter Number of Years: Type the number of years over which to calculate inflation.
4. Click “Calculate”: The calculator will display the future purchasing power of the entered amount.
5. Review the Result: Use this data to plan savings, investments, or long-term financial decisions accurately.