This calculator demonstrates the growth of property taxes over many years at some inflation rate. Even a typical inflation rate of only a few percent can result in very large future tax payments. The key point is that clients should have their money working (invested) and making returns that will exceed their expected inflation rate. |
No script is provided for this screen. |
The annual inflated property tax payments are calculated as follows: Future Property Tax = current property tax * ( 1 + Inflation Rate) ^ n where n = number of years in the future. The cumulative property taxes paid is the sum of each annual property tax payment. |