Investment Planning

Retirement Income Calculator

This calculator estimates how long your retirement savings will last based on your forecast of retirement expenses and income.

Retirement Savings Calculator

This calculator estimates the growth of your retirement savings and calculates how long your savings will last based on your forecast of retirement expenses and income.

Social Security and Medicare Tax Estimator

This calculator estimates the Social Security and Medicare taxes payable by you on your wages as an employee, the Social Security and Medicare taxes payable on your self-employment income, the portion of your self-employment tax that is deductible on your federal income tax return, and the Medicare contribution tax payable on your net investment income.

Retirement Planning:

Reaching Your Investment Goal: Contributions Needed Calculator

At a given rate of return, how much should you save each period to reach a specific amount?

Retirement Savings Calculator

This calculator estimates the growth of your retirement savings and calculates how long your savings will last based on your forecast of retirement expenses and income.

Traditional vs. Roth IRA Calculator

Assuming that you qualify to make both Roth IRA contributions and deductible contributions to a traditional IRA, the most appropriate choice depends on your personal financial situation. Use this calculator as a starting point in your analysis.

Personal Finance:

Auto Loan Payment Calculator

Enter the required values to calculate the monthly payment, and select the desired output. An annual amortization table and two charts comparing principal and interest payments can be generated.

Buying a Home (Mortgage Payment) Calculator

Enter the required values to calculate the monthly payment. An annual amortization chart and a chart comparing total principal and interest payments will be generated.

Debt Payoff Optimization Calculator

This calculator suggests one way to potentially optimize payment of your debts, by first making minimum payments required for each debt, and then allocating any remaining dollars to debts with the highest interest rate(s).

Estate Planning:

Life Insurance Needs Calculator

This calculator is designed to quickly estimate the amount of life insurance protection you should consider having in place to meet survivor needs. It generates a graph that compares total cash need with current liquid assets and life insurance coverage available. It also generates a pie chart itemizing total cash need.

RMD (Lifetime Required Distributions—Traditional IRAs) Calculator

This tool calculates the lifetime required minimum distribution (RMD) amounts for a traditional IRA. Two charts will be generated, one illustrating both account growth (until your required beginning date) and RMD amounts over time, the other simply illustrating RMD amounts over time.

Education Planning:

Saving for College Calculator

This calculator projects the future cost of college and illustrates how your savings, if any, match up for each year of college. If there is a funding shortfall, the calculator shows that amount each year, and calculates both the monthly savings amount and the lump-sum amount needed to eliminate the shortfall.

Loan Amortization Calculator

Enter the required values to calculate the monthly payment, and select the desired output. An annual amortization table and two charts comparing principal and interest payments can be generated.

Personal Cash Flow Worksheet

Use this calculator to determine household cash flow. The exercise of determining expenses and creating a pie chart with this data will help illustrate where household funds go each month.