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.) %

Lynn A. Schmidt is a registered representative registered to transact business with clients in DE, FL, GA, IL, NC, NJ, NY, TX. Lynn A. Schmidt is advisory licensed in the following states: FL, NC, NJ, NY, TX.  Lynn A. Schmidt is also an insurance agent licensed in DE, FL, MI, NJ, NY.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory Services SM, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000.

Investments & Insurance Products:
Are not insured by the FDIC or any federal government agency
Are not deposits of or guaranteed by the bank or any bank affiliate
May lose Value