Real Return Calculator
Enter your investment’s yearly return and inflation to see your real return after tax: how much your purchasing power actually grew or shrank. Inflation defaults to TÜİK’s latest annual CPI.
- Nominal return after tax45%
- Simple difference (return − inflation)15.27%
- Year-end amount (nominal)145,000.00 ₺
- In today’s money111,770.60 ₺
Annual CPI inflation: TÜİK
How it is calculated
Nominal return is how many lira your money gained; real return is how much more it can buy. With high inflation the gap between them widens; subtracting inflation is only an approximation, the Fisher equation is exact. Withholding on deposits and funds lowers the real return too.
Reel getiri = (1 + net nominal getiri) ÷ (1 + enflasyon) − 1Net nominal return = return × (1 − tax rate). The latest annual CPI is 29.73%.Example
At a 45% return and 29.73% inflation the real return is (1.45 ÷ 1.2973) − 1 = 11.77%; the simple difference (15.27%) overstates it.
Frequently asked questions
How do I get a deposit’s real return?
Enter the deposit rate as the nominal return and the withholding for your term as the tax (the deposit interest calculator shows it). For terms under a year, use the annualised rate.