Real Return Calculator

Enter nominal return and inflation to calculate an inflation-adjusted real return and compare nominal versus purchasing-power growth.

Nominal annual return (%)

Inflation (%)

Starting amount

—Real annual return

—Simple nominal − inflation

—Nominal value after 1 year

—Inflation-adjusted value

Fisher-adjusted returnThe exact real-return calculation uses (1 + nominal) / (1 + inflation) − 1. Taxes and fees are not included.

How to use this Real Return Calculator

Enter nominal annual return and inflation to calculate real return with the Fisher relationship. Optionally enter a starting amount to compare nominal and inflation-adjusted value after one year.

What the result means

Enter nominal return and inflation to calculate an inflation-adjusted real return and compare nominal versus purchasing-power growth.

Practical tips and limits

Inflation is represented by one rate and taxes/fees are excluded. Real purchasing-power outcomes vary over time.