In economics, inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation also reflects an erosion in the purchasing power of money.

This calculator is designed to help investors understand the effects of inflation.

1. Enter your amount in today's dollars, the expected average rate of inflation and the time period
2. Click once on the "Calculate" button to calculate your result