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.)

%
 
   
   
Life Planning Group
The OMNI Building - 333 Earle Ovington Blvd - Suite 402 • Uniondale, NY • 11553
Phone: (516) 228-1000 ext 2537 • Fax: (516) 394-2590
• jwknox@htk.com

*Registered Representative of, and Securities and Investment Advisory Services offered through Hornor, Townsend & Kent, Inc.,  (HTK), Registered Investment Adviser, Member FINRA/SIPC

333 Earle Ovington Blvd - Suite 402, Uniondale, NY 11553 (516) 228-1000

Life Planning Group is independent of Hornor, Townsend & Kent, Inc.  HTK is a wholly owned subsidiary of Penn Mutual.

Our representatives are insurance and securities licensed in our resident state of New York, as well as the following states:  New Jersey, Connecticut and Florida.  For additional licensing information please contact Life Planning Group at (516) 228-1000.  Not an offer or solicitation in any state where representatives are not licensed.

HTK does not offer tax, accounting, or legal advice.  Always consult a qualified advisor regarding your individual circumstances.

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