Real Return Calculator

Find what an investment really earned after inflation.

$
Rates in percent.
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Real return
Quick approximation
Nominal value
In today’s dollars
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The Fisher Equation

Real return = (1 + nominal) ÷ (1 + inflation) − 1 ≈ nominal − inflation

Worked Example

Tips

The approximation gets worse at high inflation. Taxes reduce real returns further, since they’re charged on the nominal gain.