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Nominal in, real out.

Real return calculator

What your savings or investment actually earns once inflation has taken its cut. Often less than you think, sometimes less than nothing.

What you're earning

Your real return, after tax and inflation

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In a year you'd have

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Worth, in today's money

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Show the working

    We use the exact Fisher relation — (1 + after-tax rate) ÷ (1 + inflation) − 1 — rather than simply subtracting inflation. At Kenyan inflation levels the difference is small but real, and subtracting flatters the answer.

    The inflation figure is pre-filled with the latest published 12-month rate from CBK's series (August 2026). Your own inflation is not the national average — change it if your spending looks nothing like the basket.

    While you're here

    The number is half of it. Knowing why it moved is the other half.

    The Brief takes the week's Kenyan business and markets stories and explains the mechanism underneath them — every Monday, free, every figure sourced.