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.)

%
 
   
   
Extra Credit Union Investments
6611 Chicago Road Warren, MI 48092
Phone: (586) 276-3108 Fax: (586) 276-3001
michele.nehls@securitiesamerica.com

Securities offered through Securities America, Inc., Member FINRA/SIPC and advisory services offered through Securities America Advisors, Inc., Michele Nehls, Representative. Extra Credit Union and the Securities America companies are separate entities.

Not NCUA Insured. No Credit Union Guarantee. May Lose Value.