Impact of Inflation  
Over time, the effects of inflation can erode the value of your savings. At the end of an inflationary year, a dollar buys a little bit less than the year before. This calculator is designed to estimate the future cost of an item based on today’s prices and the rate of inflation you expect.
     


1. Enter the current cost of what you want to buy.

$

2. How many years before you will buy this item?

3. Enter the annual inflation rate that you want to assume. (Inflation has averaged 2.5 percent over the past 10 years.)

%
 
   
   
Temkin Financial Group, Financial planning, Financial plan, educational planning, educational plan, wealth accumulation, protection for family, business succession strategies, retirement planning, long term care insurance, estate planning, special needs family planning, mutual funds, roth IRA's, tax
222 Rosewood Drive
3rd Floor
Danvers, MA 01923
Phone: (978) 646-3017