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"Your peace of mind will be our priority"

with offices in Macon & Duluth

Contact Us

Macon Office:
2200 Northside Crossing
Macon, GA 31210
478.550.3460

Duluth Office:
6340 Sugarloaf Parkway Suite 200
Duluth, GA 30097
678.775.6727
  • E-mail address: rstevens@stevensfg.com
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Printed from: www.stevensfg.com
  • Stevens Financial Group
  • Macon Office:2200 Northside CrossingMacon, GA 31210478.550.3460Duluth Office:6340 Sugarloaf Parkway Suite 200Duluth, GA 30097678.775.6727
  • | rstevens@stevensfg.com

Impact of Inflation

Over Time, What Is the Long-Term Impact of Inflation?

According to the Bureau of Labor Statistics, inflation has averaged about 2.5 % over the past 10 years.

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.

Your Results

The results below show the projected future cost based on the time frame you selected and the rate of inflation you expect over that period. How will you stay ahead of inflation? There are strategies you can implement to help your savings and investments keep pace with inflation over the long term.

The current cost of what you want to buy: $0.00
How many years before you will buy this item: 0.00
Annual inflation rate that you want to assume: 0%
The future cost based on the information you entered: $0.00

The graph below illustrates the incremental year-by-year increase in prices based on the factors you input. Even at relatively low rates of inflation, the cost of goods and services can rise dramatically over time. For example, assuming 4 percent inflation, the value of $1 would be cut in half every 18 years. That means if you are currently 30 years old, prices will have quadrupled by the time you reach retirement age, assuming 4 percent annual inflation.

Impact of Inflation

 

This hypothetical example is used for illustrative purposes only. Actual results will vary.

The information in this calculator is not intended as tax or legal advice, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek tax or legal advice from an independent professional advisor. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security.

This material was written and prepared by Emerald Connect, LLC.
© 2019 Emerald Connect, LLC. All Rights Reserved.

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Contact Us

Macon Office:
2200 Northside Crossing
Macon, GA 31210
478.550.3460

Duluth Office:
6340 Sugarloaf Parkway Suite 200
Duluth, GA 30097
678.775.6727
  • E-mail address: rstevens@stevensfg.com
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