How do I calculate the value of say, $500.00 in 2014 to value in 2028?

You should add a yearly COLA to the 500 of 5%. That is if you are paying if you are receiving deduct 5%.

You cant, and jobs change as well. When I got divorced in 2001 I was making $18 hour, by 2005 my job had changed and I was making $27 and we went back to court and started having a % come out of my check.

If you go for the % keep in mind if he changes jobs it takes about 4-6 weeks to catch up, if his work gets slow, and he is making less, you will get less. At 1st my X was loving it because I was averaging 60 hours a week, and everything over 40 was double. The last 3 years, I've been lucky to get 40 hours a month.

In Illinois (were we divorced) it is 20% for the 1st child, and 28% for any additional children. In Indiana (where we all live now) the % changes based on how much time the child is with me in the divorce paper work.

As far as college, you need to put that all into the divorce agreement. I agreed to pay 1/2 of all tuition, books, etc. I also agreed to pay 100% of Catholic school (I'm Catholic), and 1/2 of all activities. Football, clues, etc...

DON'T FORGET INSURANCE! Make sure that he agrees to maintain a life insurance policy, with the child as the beneficiary until the child is 18 or 22, when he/she finishes school.

You will get the standard pay, it doesn't inflate. If he looses the job he has, becomes disabled, retires, etc. all this will change, and it could be a lot less. He/she will have to be making more money for you to get more. As for college, who says the kid will even go.

Worry not. Somewhere in between the words Boo and hoo a judge will revise that figure half a dozen times before then.

I don't know about the US but here in Britain it would rise with inflation.

If that's not the case then go back to who ever set the figure and apply for more money.

It won't just go by inflation or deflation. It will also depend upon the type of divorce you have.

You can't!!! No one knows what will happen in the intervening years!

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