Use this tool to calculate the effects of inflation on investments and savings.
About this calculator
This calculator shows the possible effects of inflation on investments and savings. You can see what a current investment might be worth in the future or decide how much to invest today.
The results shown are intended for reference only, and do not necessarily reflect results that would be obtained in actual investment situations.
Value of initial investment
Enter the amount of money you are investing.
Enter the year in which the money was first invested.
Enter the future year on which you want to base your calculation.
Annual interest rate
Annual rate of inflation
Enter a projected annual rate of inflation. The default value (2.0%) equals the mid-point of the Bank's inflation-control target range.
Effect of inflation on value of initial investment
The value of the initial investment after the effects of inflation have been calculated, but excluding interest.
Total interest earned
The total amount of interest earned, before inflation.
Interest earned, after inflation
The total amount of interest earned, after the effects of inflation have been calculated.
Total future value
The total value of the investment after the effects of inflation on the principal and interest have been calculated.
Target future value of investment
Enter the future amount of money you want to have.
Current investment needed for future value
Displays the amount you would have to invest to achieve your future target, taking into account the effects of inflation.