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.)

%
 
   
   
Ron McDaniel
2901 East Highland Drive • Jonesboro, AR • 72401
Phone: (870) 934-9000 • Fax: 870-931-0916
• ron.mcdaniel@investfinancial.com

 INVEST Financial Corporation (INVEST), member FINRA, SIPC, a registered broker/dealer is not affiliated with Liberty Bank of Arkansas or Liberty Bank Financial Services. Registered Representative of and securities, advisory services and certain insurance products are offered through INVEST and affiliated insurance agencies. Products offered are: Are not FDIC insured *are not guaranteed by a Bank * may lose value.

 

INVEST does not provide tax or legal advice. 


Please consult your tax and/or legal adviser for guidance on your particular situation.
 

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