See how inflation affects prices over time and how much purchasing power your money loses if it doesn’t grow.
This tool assumes a constant annual inflation rate and compounds it once per year.
Inflation measures how prices increase over time. If inflation is 3% per year, something that costs $100 today may cost more than $130 in 10 years.
Use this tool to understand why it’s important for your savings and income to grow at least as fast as inflation in the long run.