![]() ![]() Faster, and people may struggle to keep up with rising prices. Most economists estimate that around 2% is healthy lower, and the economy may not be growing enough. The inflation rate is often tied to how well the economy is doing. Large economically significant events like the Depression, WWII, and even the moon landing have all had effects on the inflation rate. Inflation has changed significantly throughout US history. How Has Inflation Behaved Throughout History? Once you’ve used our free inflation calculator, check out the most common questions Minters ask about inflation to see if we can answer something that’s been on your mind. Having one eye on the inflation rate and using an inflation calculator can be a great addition to your current planning habits. Inflation isn’t the only factor that goes into financial planning, but it’s one that many people often forget to consider as they make long term plans for their money. With these results in mind, you can better plan for future expenses, investments, and savings. Step 4: Review Your Results & Plan Accordingly ![]() This could be the date when you plan on retiring, or it might be a year in the future when you estimate you will be interested in making a large purchase, like a home or a new car. In the section labeled Select Final Year, add the year that you plan on withdrawing your investment-or simply a year in the future that you’re curious about. ![]() Step 3: Select the Final Year You Want to Measure Inflation to
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