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.)

%
 
   
   
Carington Insurance Agency
2660 Townsgate Road, Suite 110 • Westlake Village, CA • 91361
Phone: (805) 351-3800 • Fax: (805) 351-3803


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Any information provided regarding tax or estate planning should not be considered tax or legal advice. Consult with a tax professional or attorney regarding your unique situation.

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