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!
Have A Question About This Topic?
Related Content
Making Your Tax Bracket Work
Have you explored all your options when it comes to managing your taxable income?
Life Insurance Myths: Debunked
Whether you have life insurance through your work or are retired it pays to know the truth about life insurance coverage.
Prescription Drug Benefits Under Medicare (Part D)
Do you need to enroll in Medicare Part D? Read this article to learn more about whether you need this coverage