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.)

%
 
   
   

Baltimore Office:
3700 O'Donnell Street
Suite 200
Baltimore, MD 21224
443-957-6000

Rockville Office:
2403 Research Blvd
3rd Floor
Rockville, MD 20850
301-354-3820

Falls Church Office:
7600 Leesburg Pike
West Building
Suite 201
Falls Church, VA 22043
703-821-5410

Elkridge Office:
Wolf & Associates
8176 Lark Brown Road
Suite 201
Elkridge, MD 21075
443-757-0445