The phrase "letting the inflation genie out of the bottle" is a metaphor for how difficult it can be to manage consumer prices once they become a force in the economy. Use the calculator to get an idea of how much money you would need today to replace the same dollars from previous years.
Inflation-Adjusted Value
The only inflation level that matters is the inflation you are experiencing. So if you're struggling to keep up, please reach out. If you don't see much of a change, that's great news, but please keep one eye on the genie!
Related Content
Emotional vs. Strategic Decisions
Information vs. instinct. Are your choices based on evidence of emotion?
Understanding the Alternate Valuation Date
Executors can value the estate on the date of death, or on its six-month anniversary —the “Alternate Valuation Date."
The Long Run: Women and Retirement
For women, retirement strategy is a long race. It’s helpful to know the route.