While it has narrowed, a notable inequality remains. First, what wage gap are we talking about? There is a commonly cited statistic that American women earn 80 cents for every dollar earned by men. This is true, supported by the U.S. Census Bureau’s 2017...
Created By: Kathleen Kingsbury of Breaking Money Silence Changing a money behavior is challenging and busting through the money talk taboo is no different. Most people need to feel some pain before letting go of an unhealthy habit like money silence… What is the...
This calculator easily answers the question "Given the value of my current investments how much do I need to save each month to reach my retirement goal?"
The user enters their "Current Age", there expected "Retirement Age", the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn) and "Amount Desired At Retirement".
The calculator quickly calculates the required monthly investment amount and creates an investment schedule plus a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
If you need a more advanced "Retirement Calculator" - one that calculates many more unknowns and one that calculates assuming retirement income and not a final lump sum then try the calculator located here: https://AccurateCalculators.com/retirement-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.
Recent Comments