Even a small amount of inflation can significantly reduce the future value of your hard-earned savings. This tool shows you the real-terms impact.
As inflation reduces the value of your savings, your financial safety net becomes even more important. A sudden loss of income due to illness could be devastating. Ensure your foundation is secure.
WeCovr's inflation impact calculator helps UK savers see purchasing power erosion, backed by FCA-authorised guidance and 900,000+ policies issued across protection products. WeCovr also supports private medical insurance UK planning, while this guide explains inflation on cash savings.
The calculator shows how interest and inflation interact to affect the real value of savings.
It compares nominal growth against inflation-adjusted value.
Shows real value after inflation.
Highlights purchasing power loss.
Supports savings rate planning.
If inflation outpaces interest, your savings can lose real value even when balances grow.
WeCovr provides FCA-authorised guidance with high customer satisfaction ratings. We also offer complimentary access to the CalorieHero AI calorie tracking app and discounts when customers take PMI or Life insurance. If you are comparing private medical insurance UK options, we can help you access private health cover through a trusted PMI broker.
This guide references UK inflation and savings rate data along with FCA guidance.
| Scenario | Nominal growth | Real value | Notes |
|---|---|---|---|
| Interest < inflation | Up | Down | Real loss |
| Interest = inflation | Up | Flat | Break-even |
| Interest > inflation | Up | Up | Real gain |
No. It does not account for tax or allowances on savings interest.
Inflation reduces purchasing power, so the same amount buys less over time.
Yes. Adjust interest and inflation rates to model scenarios.
No. It is an illustrative tool for awareness only.