Inflation-Adjusted Savings Goal Calculator

What is Inflation and Why Does it Matter?

Inflation is the rate at which the general level of prices for goods and services is rising, and consequently, the purchasing power of currency is falling. In simpler terms, it means your money buys less in the future than it does today.

For your savings goal, inflation is crucial because a fixed amount of money today will not have the same value in the future. To achieve a real savings goal (i.e., maintain the same purchasing power), you need to save more than the nominal amount due to the eroding effect of inflation.

Inflation-Adjusted Savings Goal Calculator

Plan for your future by accounting for inflation. Enter your current savings goal, the timeframe, and the projected annual inflation rate to see your inflation-adjusted goal.

$
Enter the current amount you aim to save.
Number of years until you plan to reach your goal.
%
The expected average annual inflation rate as a percentage (e.g., 3 for 3%).

Calculation Results

Inflation-Adjusted Goal Amount: $0
Additional Amount Needed Due to Inflation: $0