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 Traditional vs. Roth IRA One or the other? Perhaps both traditional and Roth IRAs can play a part in your retirement plans. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works.