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.)

%
 
   
   
Creative Asset Solutions
Michigan Office
18645 Canal Rd., Suite 2
Clinton Township, MI 48038
Phone: 586-228-1282
Fax: 859-818-0409

Kentucky Office
3940 Olympic Blvd., Suite 400
Erlanger, KY 41018
Phone: 859-372-6727
Fax: 859-818-0409

kevin@creativeassetsolutions.com