Calculate Your Inflation-Adjusted, After-Tax Compound Savings

Periodic Deposit Savings Calculator

This calculator will help you to determine the after-tax future value of a periodic investment in today's dollars. By default this calculator compounds interest annually. We also offer calculator which allows you to adjust the compounding periodicity, a see how long it will take to reach your goal, or see how much you need to save each month to have a certain amount saved by a specific date. The required monthly savings calculator also offers an exhaustive guide with dozens of frugal living and money saving strategies. You can also leverage our future value calculator to see the purchasing power of a nominal amount of cash in the future.

Description Amount
Initial Investment (optional):
Deposit Frequency:
Deposit Amount:
Annual Interest Rate (APR%):
Years Invested:
Federal + State Income Tax Rate (%):
Annual Inflation Rate (%):
Nominal Investment Amount:
Nominal Interest Earned:
Gross Future Value:
Taxes Paid:
After-tax future value:
After-tax future value accounting for inflation:
Cost of Inflation:

Make Your Money Work Harder!

Is your bank offering competitive rates which beat inflation and taxes? If not, you may be able to earn a better rate & make your money work harder by shopping around.

The following table lists currently available rates for savings accounts, money market accounts and CDs.


In many markets savings interest rates are below the general rate of inflation across the broader economy. Worse yet, "gains" which do not keep pace with inflation are then taxed as income, further eroding the ability for savers to keep up with inflation. Losing slowly to inflation still beats losing quickly to inflation.

Savings and Taxes.

While the Federal Reserve has lifted interest rates many times over the past few years, many big banks still only offer stardard savings accounts 0.01% interest. Savers can get anywhere from 150 times to 200 times higher rates with either high-yield savings accounts or certificates of deposits.