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.)

%
 
   
   
Larson Financial Advisors
7900 Xerxes Ave. S.
Suite 920		 • Bloomington, MN • 55431
Phone: 952-345-8005 • Fax: 877-903-9576
• craig@larsonadvisors.com

 

 

 

Larson Financial Advisors is a Registered Investment Advisor with the state of Minnesota.

Registration as an investment advisor does not constitute an endorsement of the firm by securities regulators nor does it indicate that the advisor has attained a particular level of skill or ability.