
Inflation is not just changes to prices such as fuel, utility bills and food costs, it can also erode the buying power of your savings. This calculator illustrates the effects of inflation on your savings in terms of how much it would be worth when you intend to use it.
To use our calculator, simply type in how much you have saved, the number of years you intend to save for and the inflation rate you want it to calculate. As a guide, CPI (Consumer Price Index) as of 2 February 2010 was 2.9%.
Inheritance Tax Calculator:
We have assumed a constant rate of inflation throughout the period.
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