Impact of Taxes and Inflation Estimate the potential impact taxes and inflation can have on the purchasing power of an investment. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. An Arm and a Leg A visit to the hospital can be painful, for both your body and your wallet. Don’t let it be more painful than it has to be. When Markets React When markets shift, experienced investors stick to their strategy.