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 3 percent over the past 10 years.)

%
 

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Calculators provided by Emerald Publications.

   
   
28871 Center Ridge Rd #101 • Westlake, OH • 44145-5271
Phone: (440) 353-9700
Toll Free: (877) 249-6633		 • Fax: (440) 328-4573
www.mundellfinancial.com • mundellj@financialnetwork.com

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We are licensed to sell Insurance Products in the following state(s):  Ohio

We are registered to sell Securities in the following state(s):  Ohio

 

Mundell Financial Group is not affiliated with Financial Network Investment Corporation

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We are licensed to sell Insurance Products in OH.

We are registered to sell Securities in OH.

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