Will inflation shrink my savings?

See what your future balance may actually buy in today's dollars.

Value in today's dollars

$553,676

$1,000,000 in 20 years will buy about what $553,676 buys today. At 3.0% inflation, that's roughly 45% of its purchasing power quietly trimmed away.

$1,000,000
20 years
Inflation rate
Inflation rateAnnual

Simplified illustration for conversation, using current-year assumptions held flat. Not tax, legal or investment advice.