The Rule of 72 formula can also be used as a quick and simplified way to determine how many years it will take for you to lose 50% of the value of your savings as a result of inflation, assuming that the annual interest rate your bank pays you is small enough to neglect.
The Rule of 72 formula is defined as:
\(T\): The time which it will take for your investment to double
\(Annual\text{ }Inflation\text{ }Rate\): How much do you expect the average annual inflation rate to be?
The time is measured in: \(years\)
Years To Half
Use this calculator to find out how many years it will take to lose 50% value of the money you saved as a result of inflation.
How much do you expect the average annual inflation rate to be?
Please note, that all calculators provided are for informational and educational purposes ONLY, and should NOT be taken as professional financial advice.
