Investment Calculator

The Investment Calculator shows the effects of inflation on investments and savings. The results shown are intended for reference only, and do not necessarily reflect results that would be obtained in actual investment situations. 

 
Future Value of Current Investment

Enter a dollar amount below to see what a current investment will be worth in the future.

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Current Investment Needed for Future Value

Enter a dollar amount below to see how much you would have to invest today to reach a specific target value in the future, based on the years and rates entered above.

Value of Initial Investment

Enter the amount of money you are investing.

Start Year

Enter the year in which the money was first invested.

End Year

Enter the future year on which you want to base your calculation.

Annual Interest Rate

Enter the annual compound interest rate you expect to earn on the investment. The default value (2.0%) equals the rate currently paid on five-year Guaranteed Investment Certificates.1 You may change this to any rate you wish.

Annual Rate of Inflation

Enter a projected annual rate of inflation. The default value (2.0%) equals the mid-point of the Bank's inflation-control target range. You may change this to any rate you wish.

Effect of Inflation on Value of Initial Investment

The value of the initial investment after the effects of inflation have been calculated, but excluding interest.

Total Interest Earned

The total amount of interest earned, before inflation.

Interest Earned, after Inflation

The total amount of interest earned, after the effects of inflation have been calculated.

Total Future Value

The total value of the investment after the effects of inflation on the principal and interest have been calculated.

Target Future Value of Investment

Enter the future amount of money you want to have.

Current Investment Needed for Future Value

This displays the amount you would have to invest to achieve your future target, taking into account the effects of inflation.

  1. 1. Interest may be paid on GICs at varying frequencies -- monthly, semi-annually, annually, or at maturity. Because the Calculator uses annual compounding to make its calculations, the results shown here will not necessarily match those investors will obtain in practice.[←]