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.)

%
 
   
   
Carolina Insurance Consultants, Inc.
605 North Queen Street • Kinston, NC • 28501
Phone: 252.527.6100
Phone: 800.849.8154		 • Fax: 252.520.9654
www.cicfinancial.com • cic@cicfinancial.com

 

CIC Financial is licensed to sell insurance and securities in NC, SC, and GA. This communication may not be construed as a solicitation to buy or sell any security. Investment in any security involves risk, including the possible loss of principal. Securities offered through The O.N. Equity Sales Company, Member FINRA/SIPC, One Financial Way, Cincinnati, OH 45242 513.794.6794. Investment advisory services offered through O.N. Investment Management Company.

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