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.)

%
 
   
   
New Millennium Financial Services LLC
6200 Schaefer Road • Dearborn, MI • 48126
Phone: 313-846-9320 work
248-225-8422 mobile		 • Fax: 313-943-3358
• arifj@financialnetwork.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

 

Supervisory Branch Office

3185 Macatawa Drive,  Grandville MI 49418.

New Millennium Financial Services, LLC is not affiliate with Financial Network Investment Corporation 

 

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are registered to sell Securities in MI,NV,OH,VA.

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