Impact of Inflation Calculator
Inflation is the rate at which prices for goods and services increase over time which could effectively reduce the future value of your savings. To see how your savings might be affected, input your current savings below. This calculator assumes a 0% growth rate on your money.
This calculator is purely for illustration purposes only and does not constitute advice or guarantee amounts.
How to Use:
- Input your CURRENT SAVINGS, this will be the base on how much the inflation can affect your savings.
- Input the NUMBER OF YEARS. This will answer the question “In how many years time do you want to know its estimated value?”
- Lastly the Inflation Rate. Please estimate the expected yearly inflation over this period.
(Note: Inflation Rate changes every year.)
Current savings: ₱ 30,000
Number of Years: 5 Years
Inflation Rate: 1.5%
Estimated value of your money in today’s terms might be: ₱ 27,847.81