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Articles in the Calculators Category

How Does Inflation Impact My Retirement Income Needs?
Sunday, 7 Jun, 2009 – 15:03 | No Comment
How Does Inflation Impact My Retirement Income Needs?

It may surprise you how fast inflation can erode purchasing power. Use this calculator to estimate how much more income you will need at retirement to keep your same standard of living that you have …

Social Security Retirement Income Estimator
Sunday, 7 Jun, 2009 – 14:58 | No Comment
Social Security Retirement Income Estimator

Depending upon your current earnings, Social Security can be a significant part of your retirement income. However, many factors will impact the benefit you may receive. Use this calculator to approximate your Social Security benefit. …

How Much Self-Employment Tax Will I Pay?
Sunday, 7 Jun, 2009 – 14:46 | No Comment
How Much Self-Employment Tax Will I Pay?

Self employment taxes are comprised of two parts: Social Security and Medicare. For 2009, you and your employer each pay Social Security taxes of 6.2 percent on the first $106,800 of your covered wages. You …

Will My Investment Interest Be Deductible?
Sunday, 7 Jun, 2009 – 14:38 | No Comment
Will My Investment Interest Be Deductible?

Interest paid on debts incurred in order to invest (such as ‘margin accounts’) is generally deductible to the extent that it offsets investment income (such as interest, dividends and short term capital gains). Interest payments …

Should I Pay Discount Points For A Lower Interest Rate?
Sunday, 7 Jun, 2009 – 14:28 | No Comment
Should I Pay Discount Points For A Lower Interest Rate?

In some cases, it may benefit you to ‘buy down the interest rate’ by paying extra money up front in the form of discount points. Use this calculator to help determine if this makes sense …

Comparing Mortgage Terms
Sunday, 7 Jun, 2009 – 14:20 | No Comment
Comparing Mortgage Terms

Different mortgage terms and rates can make the loan selection process confusing, especially if you don’t plan on keeping the loan for the full term. Use this calculator to determine the total cost in today’s …

Save Now vs. Save Later
Sunday, 7 Jun, 2009 – 14:14 | No Comment
Save Now vs. Save Later

A penny saved is a penny earned, but a penny saved today is a penny earning more. It is important to start saving as soon as possible for events such as retirement due to the …

How Long Will It Take To Double My Savings?
Sunday, 7 Jun, 2009 – 14:06 | No Comment
How Long Will It Take To Double My Savings?

Compound interest can have a dramatic affect on the growth of a single deposit. By dividing 72 by your investment return you can determine the amount of time required for your money to be worth …

How Long Until My Savings Reach My Goal?
Sunday, 7 Jun, 2009 – 13:49 | No Comment
How Long Until My Savings Reach My Goal?

Compound interest can have a dramatic affect on the growth of a single deposit. Use this calculator to determine how many years an existing savings account will take to reach your stated objective.
 

Income Generated By A Savings Plan
Sunday, 7 Jun, 2009 – 13:45 | No Comment
Income Generated By A Savings Plan

Saving regularly can help you achieve your future income goals. Use this calculator to determine how much income an existing balance and/or a regular savings plan can provide.
 

Becoming A Millionaire
Sunday, 7 Jun, 2009 – 13:40 | No Comment
Becoming A Millionaire

It may surprise you how quickly you can accumulate a million dollars. Use this calculator to determine the annual amount you would have to set aside each year to reach a million dollars.
 

What Is The Balance On My Loan?
Sunday, 7 Jun, 2009 – 13:33 | No Comment
What Is The Balance On My Loan?

If you know your current payment, the interest rate and the term remaining, you can calculate your outstanding loan balance. Use this calculator to determine the loan balance along with an amortization schedule.