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.)

%
 
   
   
New Financial Concepts | Serving the Greater Cincinnati and Northern Kentucky Area's Financial Needs
Northern Kentucky Offices
549 Centre View Blvd.
Crestview Hills, KY 41017
Phone: (859) 331-0316
Toll Free: 1-855-252-1480
Fax: (859) 331-0581
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Cincinnati Office
300 E Business Way, Suite 200
Cincinnati, OH 45241
Phone: (513) 247-6109
Fax: (513) 247-6199
Maps & Directions

Email Us:
info@nfc123.com