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 Connect, Inc.

   
   
Wealth Management Associates, Llc
8875 Hidden River Pkwy., Suite 300 • Tampa, FL • 33637
Phone: (813) 975-7234 • Fax: (813) 972-1702
• ricklehrer@strategicbanksolutions.com

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Federal and state insurance and securities rules and regulations prohibit registered representative(s) and/or investment adviser representative(s) from soliciting, offering and selling any insurance or securities products or providing investment advice until they are properly registered and licensed in each state jurisdiction.

Securities and Investment Advisory services offered through ING Financial Partners, member SIPC, 8875 Hidden River Pkwy., Suite 300, Tampa, FL 33637 (813) 975-7234

Strategic Bank Solutions is neither a subsidiary of nor controlled by ING Financial Partners

Neither Strategic Bank Solutions nor its Principals nor ING Financial Partners give specific legal or tax advice. Please consult with your professional tax or legal advisor for your personal situation.

 

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