Inflation is the general increase in the cost of goods and services over time; it's why your weekly shop costs more than it used to. Even a small rate of inflation can have a dramatic effect on the future buying power of your money over time. Input your current savings and see what the impact of inflation would be if you put them all in a piggy bank and received no growth at all.

How much do you have saved?

How many years do you plan to keep it for?

Inflation rate

0 % 0.25 % 0.5 % 0.75 % 1 % 1.25 % 1.5 % 1.75 % 2 % 2.25 % 2.5 % 2.75 % 3 % 3.25 % 3.5 % 3.75 % 4 % 4.25 % 4.5 % 4.75 % 5 % 5.25 % 5.5 % 5.75 % 6 % 6.25 % 6.5 % 6.75 % 7 % 7.25 % 7.5 % 7.75 % 8 % 8.25 % 8.5 % 8.75 % 9 % 9.25 % 9.5 % 9.75 %

Inflation rates vary from year to year. The current rate, as of February, 2008, is 2.5%

You can input different rates of inflation.

* We have assumed a constant rate of inflation throughout the period.

Fortunately, there's a wide range of places you can invest your money to let it grow which could help offset the effects of inflation.

* We've assumed a constant rate of inflation throughout the period.