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(…or why you need to start saving…) NOW!

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Presentation on theme: "(…or why you need to start saving…) NOW!"— Presentation transcript:

1 (…or why you need to start saving…) NOW!
Samples of Inflation (…or why you need to start saving…) NOW!

2 Buying a New Car 1960 = $ 1,800 ($ per gallon)

3 Chevrolet Corvair Convertible

4 Buying a New Car 1960 = $ 1,800 ($ .19 per gallon)

5 First Day at IBM

6 Buying a New Car 1960 = $ 1,800 ($ .19 per gallon)
In a 45 year period ( ), the price of a new car has gone up, due to inflation, by a factor of 10. In the next 45 years ( ), if the same ratio applies, the price of an average new car will be over $180,000.

7 One Day in the Hospital (room, food, nursing care, doctor, medicine)
1970 = $ 344

8

9 One Day in the Hospital (room, food, nursing care, doctor, medicine)
1970 = $ 344 2004 = $ 3,899

10 Fred Fred and Jake sitting in the big chair 3
Fred Fred and Jake sitting in the big chair 3.jpgand Jake sitting in the big chair 3.jpg

11 One Day in the Hospital (room, food, nursing care, doctor, medicine)
1970 = $ 344 2004 = $ 3,899 2050 = $ ??,???

12 Bag of Groceries (3% Inflation)
2005 = $ 100 2015 = $ 134 2025 = $ 181 2030 = $ 209


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