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MICHIGAN COUNCIL ON ECONOMIC EDUCATION

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Purchasing Power Time Machine

Inflation acts as a "silent tax" on uninvested cash. Adjust annual inflation and time buried to see how purchasing power erodes over time!

Starting Cash ($)
Avg. Annual Inflation 3.0%
Time Buried in Mattress 10 Years
$100.00
Purchasing Power Today
➔
$74.41
Future Purchasing Power
Initial Stashed Cash
$100.00
Future Buying Power
$74.41
Purchasing Power Lost
-25.6%

Formula: Future Purchasing Power = Initial Amount ÷ (1 + Inflation Rate)Years

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Contact Information:
Michigan Council on Economic Education
12642 Beresford Dr.
Sterling Heights, MI 48313

derek@michiganecon.org
Office: 248.939.4995


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