Skip to content
RiverMathRiverMath

Real rate of return

Uses the Fisher equation: real return = (1 + nominal return) / (1 + inflation) − 1. A 7% nominal return during 3.5% inflation yields a 3.38% real return (not 3.50%).

Nominal annual portfolio or savings return before inflation.
%
Annual inflation rate over the same period.
%

Real rate of return
3.4%

The link may contain your inputs. Anyone receiving it can read them.

Capital-gains taxes and fund fees are not deducted here.

Recent on this calculator

Full history

Stored strictly in this browser’s local storage. Clicking an entry reloads the parameters into the calculator URL; sharing the link exposes those inputs to the recipient.

No saved calculations yet. Use any calculator and your recent results will appear here.

Educational estimate only. Not medical, tax, legal or financial advice.

Related calculators