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Planning Calculators |
Finances
Net Worth
In order to get where you want to go you need to know where you are. Many companies use a balance sheet to get a "snapshot" of their financial position. Similarly, you can get a view of your financial position by generating a personal net worth statement. It illustrates your equity position by subtracting total liabilities from your total assets. Use the following calculator to analyze your current financial situation.
Cash Flow
"Too much month at the end of the paycheck" is the case with many. Itemization of monthly expenses can help identify sources and uses of cash and suggest areas of improvement.
Use the following calculator to help determine monthly surplus or shortfall of cash. Similar to a corporation's Sources and Uses of Cash statement, this report will help you determine whether you will need to borrow additional funds or be able to invest surplus funds.
Lifetime Earnings
Most people earn a small fortune during their lifetime. Yet many of them are unaware of how their annual income adds up over the years. This calculator is designed to help you estimate how much you’ll earn before you retire. You may be surprised at your own earning capacity.
Future Value-Lump Sum
Compound interest can have a dramatic affect on the growth of a single deposit. Use this calculator to determine the future value of a single deposit today.
Future Value-Payments
Compound interest can have a dramatic affect on the growth of a series of deposits. Use this calculator to determine the future value of a stream of payments.
Present Value-Lump Sum
A lump sum to be received in the future is worth less today if you assume a discount rate for the cost of money. Complete the information below to see what a future lump sum receipt would be worth in today's dollars.
Present Value-Payments
Compound interest can have a dramatic affect on the growth of a series of payments. Use this calculator to determine the present value equivalent of such payments.
Number of Periods
Compound interest can have a dramatic affect on the growth of a single deposit. Use this calculator to determine the number of years required to accumulate a future lump sum.
Internal Rate of Return
The internal rate of a return is the rate of return which yields a net present value of zero. In other words the investment return received on a stream of cash flows both deposits and withdrawals. This calculator will help you determine what yield you are receiving on your money based on when payments/dividends are received.
Rule of 72
Compound interest can have a dramatic affect on the growth of a single deposit. One rule of thumb is the Rule of 72 which tells you how soon you can approximately double your money. It is calculated by dividing 72 by your investment return to determine the amount of time required for your money to be worth about twice as much as it is today. Use this calculator to determine how quickly you can double your money.
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