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Inflation Calculator

See what today's expenses could cost in the future — and what future dollars are worth today.

Cost in 20 yrs$9,031

Understanding this calculator

Inflation is compounding working against you. At 3%, prices double roughly every 24 years — which means a 62-year-old planning a 30-year retirement should expect late-retirement prices to be well over double today's. That's the single biggest reason "I'll just live on the interest" plans quietly fail.

U.S. inflation has averaged near 3% over the last century, but individual decades ranged from below 2% to above 7% — and retiree costs like healthcare have tended to run hotter than the headline number. Testing your plan at more than one rate is the practical defense.

Assumptions and methodology

  • Future cost = amount × (1 + rate)^years; purchasing power = amount ÷ (1 + rate)^years.
  • The rate is yours to choose; the calculator applies it uniformly with no year-to-year variation.

Last reviewed August 30, 2026. Year-specific figures show their tax or data year in the tool; data is reviewed when the IRS, SSA, and CMS publish annual updates.

Common questions

What inflation rate should I plan with?

Many planners test 2.5–3% for general spending and something higher for healthcare. The right answer is a range, not a point.