Simple Inflation Calculator

How It Works

This tool calculates the future value of your money by factoring in the annual inflation rate over a specified period. The formula used is:

Future Value = Current Value × (1 + Inflation Rate) ^ Number of Years

For example, if you have $10,000 today and the inflation rate is 3% per year, the value of your money will decrease over time due to inflation.

Benefits of Using This Tool

• Plan for the Future: Understand how inflation impacts your savings and investments over time.
• Make Informed Decisions: Use the results to adjust your financial strategies and goals.
• Easy to Use: A simple interface makes it accessible for everyone, regardless of technical expertise.
• Educational Purpose: Learn about the effects of inflation on purchasing power.