Present Value Calculator
Find out what a future amount of money is really worth today, once you account for inflation.
Present Value Calculator: quick answer
Quick answer: A $1,000,000 sum you expect in 25 years is worth about $477,606 in today's money, once 3% inflation in a typical global scenario is discounted back. That's roughly 52% less than the future figure, so a target set in future money is a smaller goal in real terms than it first looks. Enter your own future amount and horizon below. See methodology →
Default inflation rate for Other: 3.0% per year, based on long-run global CPI averages data (2026). You can override it in each calculator’s advanced options. See data sources for full citations.
How We Work It Out
Present value works out what a future amount is worth today using the inflation rate:
Where: FV = future value (your target goal), i = annual inflation rate, and n = number of years.
Real-World Examples
What a future $1,000,000 feels like today
A goal of $1,000,000 that you reach in 25 years is not $1,000,000 in today's terms: at 3% inflation it has the same buying power as about $477,606 today. If your plan needs today's $1,000,000 lifestyle, aim for a bigger future number.
Frequently Asked Questions (FAQ)
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