Many of my worksheets are being converted to
Interactive Excel files
that you can use here on this site or download to your computer.
There's a list of these worksheets at:
| EXPENDITURE | TODAY'S COST | GROWTH OR INFLATION FACTOR | FUTURE COST |
| Automobiles | |||
| Carpets, Flooring | |||
| Pool Pump | |||
| New Roof | $10,000 | 1.28 | $12,800 |
| Water Heater | |||
| Air Conditioner | |||
| Refrigerator | |||
| Freezer | |||
| Washer & Dryer | |||
| Lawn Tractor | |||
| Television | |||
| Stereo, VCR | |||
| Sprinkler Pump | |||
| Kitchen Remodeling | |||
| Car Tires | |||
| Fishing Rods | |||
| Eye Glasses | |||
| Hearing Aid | |||
| Home Computer | |||
| Septic Tank Field | |||
| Wedding | |||
| Teeth, Bridges | |||
| Stove | |||
| Boat | |||
| Major Car Repair | |||
| New Dog | |||
| Camper | |||
| Vacuum Cleaner | |||
| Other | |||
| Other | |||
| Other | |||
| Total Expenses |
Check out:
The
table,
The
table and
The
table,
Basically, this table will show you what your future expenses might be
when you consider "inflation". For example, say a roof costs $10,000
today. You'll need a new roof in five years and you think that the prices
will "inflate" at about 5 percent compounded a year. Using the
you find the 5 percent, five year factor is 1.28. Multiplying
this factor times the current estimated cost, you'll estimate that a new roof,
in five years, will cost you $ 12,800.
To Neglect the Effect of
Inflation
is to go Broke in the Future
For a full blown Retirement Seminar Outline, go to
or download the
Where
I explain this chart and a lot of others that relate to
Earnings, Inflation and
Compounded Interest.
For those of you who may just be starting on the road
to financial freedom, please be sure that you see the outline,
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ASK NOT, USE NOT UNLESS YOU WANT TO BREAK
THE EIGHTH COMMANDMENT OF OUR LORD!
ASK, IN WRITING, AND IT SHALL BE GIVEN UNTO YOU
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ALL RIGHTS RESERVED