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Samples of Inflation. (…or why you need to start saving…) NOW!. Buying a New Car. 1960 = $ 1,800 ( $ .19 per gallon). Chevrolet Corvair Convertible. Buying a New Car. 1960 = $ 1,800 ( $ .19 per gallon) 1970 = $ 6,200 ( $ .49 per gallon). First Day at IBM.
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Samples of Inflation (…or why you need to start saving…) NOW!
Buying a New Car • 1960 = $ 1,800 ($.19 per gallon)
Buying a New Car • 1960 = $ 1,800 ($.19 per gallon) • 1970 = $ 6,200 ($.49 per gallon)
Buying a New Car • 1960 = $ 1,800 ($.19 per gallon) • 1970 = $ 6,200 ($.49 per gallon) • 2005 = $ 18,000+ ($ 2.20 per gallon) • 2050 = $ ???,???($ ??.?? per gallon)
One Day in the Hospital(room, food, nursing care, doctor, medicine) • 1970 = $ 344
One Day in the Hospital(room, food, nursing care, doctor, medicine) • 1970 = $ 344 • 2004 = $ 3,899
Fred Fred and Jake sitting in the big chair 3.jpgand Jake sitting in the big chair 3.jpg
One Day in the Hospital(room, food, nursing care, doctor, medicine) • 1970 = $ 344 • 2004 = $ 3,899 • 2050 = $ ??,???
Bag of Groceries (3% Inflation) • 2005 = $ 100 • 2015 = $ 134 • 2025 = $ 181 • 2030 = $ 209