Future Value Calculator

Calculate the future value of an investment given a CAGR, adjusted for inflation

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Future Value (Nominal)
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Future Value (Today's $)
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Purchasing Power Lost

Understanding Real vs Nominal Returns

Nominal returns are what you see on paper. Real returns account for inflation — the actual increase in purchasing power. A 7% nominal return with 3% inflation gives you only ~4% real growth.

Real CAGR = ((1 + Nominal) / (1 + Inflation)) - 1