Sumcheck

Inflation impact calculator

See how inflation erodes the buying power of a sum of money over time — and how much more you'd need in the future to match what it buys today.

£
%
years

Real value of £10,000 in 10 years

£8,203

In 10 years, £10,000 will only buy what £8,203 buys today — 18% less buying power.

Where the buying power of £10,000 goes

Buying power retained £8,203(82%)Lost to inflation £1,797(18%)

Buying power retained

£8,203

Lost to inflation

£1,797

To have the same buying power as £10,000 today, you'd need £12,190 in 10 years at this rate.

Real value over time

Real value
£0£5,000£10,0000 yr10 yr

Move across the chart to inspect any point.

Assumes a constant annual inflation rate, compounding yearly — real inflation varies year to year and this is an illustrative projection, not a forecast. Not financial advice.

Why inflation matters for savings

Inflation is the rate at which prices rise over time, which means a fixed sum of money buys a little less each year. Money sitting in cash — whether in a current account or a savings account earning less than the inflation rate — is quietly losing buying power even though the number on the statement doesn't go down.

This is why it's useful to compare a savings account's interest rate against inflation, not just at the number in isolation: if inflation is 3% and an account pays 2%, you're losing buying power even while your balance is technically growing. See the Compound Interest calculator to check whether a given rate keeps pace.

Frequently asked questions