Calculators
The Investment Calculator can be used to calculate a specific parameter for an investment plan. The tabs represent the desired parameter to be found. For example, to calculate the return rate needed to reach an investment goal with particular inputs
Once a person reaches the age of 73, the IRS requires retirement account holders to withdraw a minimum amount of money each year – this amount is referred to as the Required Minimum Distribution (RMD). This calculator calculates the RMD depending on your age and account balance. The calculations are based on the IRS Publication 590-B, so the calculator is intended for residents of the United States only.
Once a person reaches the age of 73, the IRS requires retirement account holders to withdraw a minimum amount of money each year – this amount is referred to as the Required Minimum Distribution (RMD). This calculator calculates the RMD depending on your age and account balance. The calculations are based on the IRS Publication 590-B, so the calculator is intended for residents of the United States only.
The Mortgage Calculator helps estimate the monthly payment due along with other financial costs associated with mortgages. There are options to include extra payments or annual percentage increases of common mortgage-related expenses. The calculator is mainly intended for use by U.S. residents.
The refinance calculator can help plan the refinancing of a loan given various situations, and also allows the side-by-side comparison of the existing or refinanced loan.
*Disclaimer: "The calculations, illustrations, and estimates provided by these financial calculators are for informational and educational purposes only. They do not constitute financial, investment, tax, or legal advice, nor do they establish a professional advisory relationship. All results are based on hypothetical scenarios and your specific inputs, which do not guarantee future performance or actual results. We strongly recommend consulting a licensed professional regarding your specific financial situation before making any investment decisions. Use of this calculator is at your own risk."
This calculator can help with planning the financial aspects of your retirement, such as providing an idea where you stand in terms of retirement savings, how much to save to reach your target, and what your retrievals will look like in retirement.
The U.S. Social Security website provides calculators for various purposes. While they are all useful, there currently isn't a way to help determine the ideal (financially speaking) age at which a person between the ages of 62-70 should apply for their Social Security retirement benefits. This tool is designed specifically for this purpose. Please note that this calculator is intended for U.S. Social Security purposes only.
The calculator below estimates the amount of time required to pay back one or more debts. Additionally, it gives users the most cost-efficient payoff sequence, with the option of adding extra payments. This calculator utilizes the debt avalanche method, considered the most cost-efficient payoff strategy from a financial perspective.
This mortgage payoff calculator helps evaluate how adding extra payments or bi-weekly payments can save on interest and shorten mortgage term or calculate an early payoff date.
Compares buying a home verses renting, compares costs and breakeven points between the two options.