INVESTMENTS
You don’t need to take an economics or finance course to learn how to invest, but it is important to understand these basic investment concepts. Investment gives money the ability to grow faster. Read financial books, ask the right people and before you make an investment make sure you know what you’re doing.
Retirement may seem a long way down the road, especially when you have immediate and pressing family concerns. However, the younger you are when you begin taking advantage of your saving opportunities, the better off you will likely be when your retirement day dawns. Why not pause now to review your long-term strategies? When you reach retirement age, you will have hopefully navigated around any bumps on your road to retirement and secured a comfortable financial future.
Economic forecasters are always searching for storm clouds that might signal an economic downturn. Since consumer spending has historically accounted for about two-thirds of the economy, many observers have looked to “pocketbook” issues in search of primary clues as to the direction of the economy.
Consumers don’t usually cut back first and cause a recession. Rather, they may buy more on credit, which leads to greater monthly payments. However, at some point, consumers can do only what their incomes will allow. With personal debt on the rise, monitoring consumer debt levels is particularly important because of the impact of total consumer spending on our economy.
Retirement Savings Calculator — calculate savings required to reach retirement goal
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:/financial-calculators.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.