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Financial Tools

These calculators have been provided as a resource for you to help plan your financial matters. Enter your criteria and you will find answers with dynamic graphs and personalized reports.

Budget

  • ▶ Does inflation impact my standard of living?

    How does inflation impact my standard of living?

    Inflation can erode purchasing power. For example, a dollar today cannot buy the same amount of goods and services it could 20 years ago. It will continue to erode purchasing power in the future. Use this calculator to determine the impact inflation may have on your standard of living.

    Assumptions
    Number of years for the analysis 
    Estimated inflation rate (%)help
    Monthly or annual figures? 
    Expenses
    Mortgage payment or rent ($) 
    Vacation home (mortgage) ($) 
    Automobile loan(s) ($) 
    Personal loan(s) ($) 
    Charge accounts ($) 
    Federal income taxes ($) 
    State income taxes ($) 
    FICA (social security taxes) ($) 
    Real estate taxes ($) 
    Other taxes ($) 
    Utilities ($) 
    Household repairs and maintenance ($) 
    Food ($) 
    Clothing and laundry ($) 
    Educational expenses ($) 
    Child care ($) 
    Automobile expenses (gas, repairs, etc.) ($) 
    Other transportation expenses ($) 
    Life insurance premiums ($) 
    Homeowners (renters) insurance ($) 
    Automobile insurance ($) 
    Medical, dental and disability insurance ($) 
    Entertainment and dining ($) 
    Recreation and travel ($) 
    Club dues ($) 
    Hobbies ($) 
    Gifts ($) 
    Major home improvements and furnishings ($) 
    Professional services ($) 
    Charitable contributions ($) 
    Other and miscellaneous expenses ($) 
  • ▶ How much am I spending?

    How much am I spending?

    Where does all the money go? An itemization of your living expenses may help you budget better and plan for future expenses. Use this calculator to help you recall and itemize your living expenses.

    Assumptions
    Monthly or annual figures? 
    Expenses
    Mortgage payment or rent ($) 
    Vacation home (mortgage) ($) 
    Automobile loan(s) ($) 
    Personal loan(s) ($) 
    Charge accounts ($) 
    Federal income taxes ($) 
    State income taxes ($) 
    FICA (social security taxes) ($) 
    Real estate taxes ($) 
    Other taxes ($) 
    Utilities ($) 
    Household repairs and maintenance ($) 
    Food ($) 
    Clothing and laundry ($) 
    Educational expenses ($) 
    Child care ($) 
    Automobile expenses (gas, repairs, etc.) ($) 
    Other transportation expenses ($) 
    Life insurance premiums ($) 
    Homeowners (renters) insurance ($) 
    Automobile insurance ($) 
    Medical, dental and disability insurance ($) 
    Entertainment and dining ($) 
    Recreation and travel ($) 
    Club dues ($) 
    Hobbies ($) 
    Gifts ($) 
    Major home improvements and furnishings ($) 
    Professional services ($) 
    Charitable contributions ($) 
    Other and miscellaneous expenses ($) 
  • ▶ How much do I need for emergencies?

    How much do I need for emergencies?

    It is prudent planning to have at least three to six months of liquid/cash assets set aside in the event of a loss of job, medical emergency, short-term disability, etc. Use this calculator to help determine how much you need to set aside monthly or as a lump sum to create an emergency fund.

    Assumptions
    Current gross monthly income ($) 
    Current emergency funds available ($) 
    Number of months for funds to last 
    Before tax return on savings (%)help
    Marginal tax bracket (%)help
    Number of months to accumulate funds 
    Expenses
    Total monthly living expenses, if plan to itemize below then leave at 0. ($) 
    Or Itemize Monthly
    Mortgage payment or rent ($) 
    Vacation home (mortgage) ($) 
    Automobile loan(s) ($) 
    Personal loan(s) ($) 
    Charge accounts ($) 
    Federal income taxes ($) 
    State income taxes ($) 
    FICA (social security taxes) ($) 
    Real estate taxes ($) 
    Other taxes ($) 
    Utilities ($) 
    Household repairs and maintenance ($) 
    Food ($) 
    Clothing and laundry ($) 
    Educational expenses ($) 
    Child care ($) 
    Automobile expenses (gas, repairs, etc.) ($) 
    Other transportation expenses ($) 
    Life insurance premiums ($) 
    Homeowners (renters) insurance ($) 
    Automobile insurance ($) 
    Medical, dental and disability insurance ($) 
    Entertainment and dining ($) 
    Recreation and travel ($) 
    Club dues ($) 
    Hobbies ($) 
    Gifts ($) 
    Major home improvements and furnishings ($) 
    Professional services ($) 
    Charitable contributions ($) 
    Other and miscellaneous expenses ($) 
  • ▶ Should I pay down debt or invest more?

    Should I pay down debt or invest my monthly surplus?

    When you receive some extra money it may be difficult to determine whether you should invest the funds or use them to retire debt. Financial theory recommends that if your after-tax return on investments is greater than your after-tax cost of debt then you should invest. However, remember to consider the inherent riskiness of the investment you select (i.e. you may lose the money you invest yet still have obligations to pay back the liability). Use this calculator to help analyze your situation.

    Rates and Assumptions
    Interest rate on debt (%) 
    Is the interest deductible? 
    Before tax return on investment (%)help
    Is the interest taxable? 
    Marginal tax bracket (%)help
    Monthly funds available ($) 
  • ▶ How long will my money last?
  • ▶ Should my spouse enter the work force?

    Should my spouse enter the work force?

    A working spouse can provide additional needed household income. However, when making your decision, you need to look at the net income generated by a working spouse not simply the gross income. Factors such as health insurance savings, increased daycare expenses, additional transportation costs, etc. need to be considered. Use this calculator to help determine the potential additional take-home pay.

    Current Monthly Expenses
    Daytime child care (if applicable) ($) 
    Life insurance premiums ($) 
    Medical insurance premiums ($) 
    Monthly Salary and Benefits
    Potential gross monthly income ($) 
    Proposed 401(k) plan contribution (% of salary)> (%) 
    Employer match (%) 
    Maximum employer match (%) 
    Life insurance premiums you will pay ($) 
    Medical insurance premiums you will pay ($) 
    Monthly Work-Related Expenses
    Business entertaining ($) 
    Child care ($) 
    Clothing ($) 
    Housekeeping ($) 
    Meals ($) 
    Transportation ($) 
    Income Tax Information
    Federal marginal tax bracket (%)help
    State marginal income tax bracket (%) 
    Would earnings be 'self-employment' income? 
  • ▶ What is my current net worth?

    What is my current net worth?

    In order to get where you want to go, you need to know where you are. You can get a view of your financial position by generating a personal net worth statement. Over time your net worth will change as your assets earn interest or are depleted and your liabilities increase or decrease. Use this calculator to estimate what your net worth could be in the future based on specified growth rates.

    Tangible Assets
    Value
    Residence ($)
    Vacation home ($)
    Furnishings ($)
    Automobiles ($)
    Rental real estate ($)
    Art, jewelry, and other valuables ($)
    Equity Assets
    Value
    Stocks ($)
    Variable annuities ($)
    Limited partnerships ($)
    Business interests ($)
    Fixed-Principal Assets
    Value
    Fixed-dollar annuities ($)
    Trust deeds ($)
    Other fixed-principal assets ($)
    Fixed-Rate Assets
    Value
    U.S. government bonds and securities ($)
    Municipal bonds ($)
    Corporate bonds ($)
    Face-amount certificates ($)
    Debt mutual funds ($)
    Cash and Cash Equivalents
    Value
    Checking accounts ($)
    Savings accounts ($)
    Money market funds ($)
    Certificates of deposit ($)
    Other cash reserve accounts ($)
    Liabilities
    Value
    Home mortgage ($)
    Other mortgage ($)
    Automobile loans ($)
    Bank loans ($)
    Personal loans ($)
    Charge account debt ($)
    Other debts ($)
  • ▶ What is my projected net worth?

    What is my projected net worth?

    In order to get where you want to go, you need to know where you are. You can get a view of your financial position by generating a personal net worth statement. Over time your net worth will change as your assets earn interest or are depleted and your liabilities increase or decrease. Use this calculator to estimate what your net worth could be in the future based on specified growth rates.

    Assumptions
    Number of years to estimate net worth 
    Tangible Assets
    ValueGrowth
    Residence ($)
    Vacation home ($)
    Furnishings ($)
    Automobiles ($)
    Rental real estate ($)
    Art, jewelry, and other valuables ($)
    Equity Assets
    ValueGrowth
    Stocks ($)
    Variable annuities ($)
    Limited partnerships ($)
    Business interests ($)
    Fixed-Principal Assets
    ValueGrowth
    Fixed-dollar annuities ($)
    Trust deeds ($)
    Other fixed-principal assets ($)
    Fixed-Rate Assets
    ValueGrowth
    U.S. government bonds and securities ($)
    Municipal bonds ($)
    Corporate bonds ($)
    Face-amount certificates ($)
    Debt mutual funds ($)
    Cash and Cash Equivalents
    ValueGrowth
    Checking accounts ($)
    Savings accounts ($)
    Money market funds ($)
    Certificates of deposit ($)
    Other cash reserve accounts ($)
    Liabilities
    ValueGrowth
    Home mortgage ($)
    Other mortgage ($)
    Automobile loans ($)
    Bank loans ($)
    Personal loans ($)
    Charge account debt ($)
    Other debts ($)
  • ▶ What is my current cash flow?

    What is my current cash flow?

    Businesses generate a sources and uses of cash statement to evaluate their income and expenses and to check profitability. Similarly, a cash flow statement can help you evaluate your personal income and expenses and see if you are running 'in the red or the black' each month.

    Assumptions
    Monthly or annual figures? 
    Itemized Income
    Wages, salary and tips ($) 
    Interest on savings accounts, CDs, etc. ($) 
    Dividends from stocks, etc. ($) 
    Social security benefits ($) 
    Pensions ($) 
    Alimony, child support (received) ($) 
    Other income ($) 
    Itemized Expenses
    Charitable/Church donations ($) 
    Mortgage payment or rent ($) 
    Vacation home (mortgage) ($) 
    Automobile loan(s) ($) 
    Personal loan(s) ($) 
    Charge accounts ($) 
    Federal income taxes ($) 
    State income taxes ($) 
    FICA (social security taxes) ($) 
    Real estate taxes ($) 
    Other taxes ($) 
    Utilities ($) 
    Household repairs and maintenance ($) 
    Food ($) 
    Clothing and laundry ($) 
    Educational expenses ($) 
    Child care ($) 
    Automobile expenses (gas, repairs, etc.) ($) 
    Other transportation expenses ($) 
    Life insurance premiums ($) 
    Homeowners (renters) insurance ($) 
    Automobile insurance ($) 
    Medical, dental and disability insurance ($) 
    Entertainment and dining ($) 
    Recreation and travel ($) 
    Club dues ($) 
    Hobbies ($) 
    Gifts ($) 
    Major home improvements and furnishings ($) 
    Professional services ($) 
    Other and miscellaneous expenses ($) 
  • ▶ What is my projected cash flow?

    What is my projected cash flow?

    Businesses generate a sources and uses of cash statement to evaluate their income and expenses and to check profitability. They also create a proforma which is a projection of future cash flows based on assumptions about growth/decline of income and expenses. Similarly, a projected cash flow statement can help you evaluate your personal income and expenses and see if you potentially may run 'in the red or the black' at a future date.

    Assumptions
    Monthly or annual figures? 
    Number of years to project growth 
    Itemized Income
    AmountAnnual Growth
    Wages, salary and tips ($)
    Alimony, child support (received) ($)
    Dividends from stocks, etc. ($)
    Interest on savings accounts, CDs, etc. ($)
    Social security benefits ($)
    Pensions ($)
    Other income ($)
    Itemized Expenses
    AmountAnnual Growth
    Mortgage payment or rent ($)
    Vacation home (mortgage) ($)
    Automobile loan(s) ($)
    Personal loan(s) ($)
    Charge accounts ($)
    Federal income taxes ($)
    State income taxes ($)
    FICA (social security taxes) ($)
    Real estate taxes ($)
    Other taxes ($)
    Utilities ($)
    Household repairs and maintenance ($)
    Food ($)
    Clothing and laundry ($)
    Educational expenses ($)
    Child care ($)
    Automobile expenses (gas, repairs, etc.) ($)
    Other transportation expenses ($)
    Life insurance premiums ($)
    Homeowners (renters) insurance ($)
    Automobile insurance ($)
    Medical, dental and disability insurance ($)
    Entertainment and dining ($)
    Recreation and travel ($)
    Club dues ($)
    Hobbies ($)
    Gifts ($)
    Major home improvements and furnishings ($)
    Professional services ($)
    Charitable contributions ($)
    Other and miscellaneous expenses ($)
  • ▶ What is the value of reducing, postponing or foregoing expenses?

    What is the value of reducing, postponing or foregoing expenses?

    Use this calculator to help determine what you could accumulate by reducing or eliminating discretionary monthly expenses.

    Savings and Assumptions
    Return on savings (%)help
    Number of years to estimate savings 
    Expenses You Can Reduce Or PostponeMonthly Amount

College

Debt

Home & Mortgage

Income

Insurance

Investment

Payroll & Benefits

Qualified Plans

Retirement

Savings

Business

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice, or supplement the advice of a professional advisor. There is not and can not be a guarantee of their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. You are encouraged to seek personalized advice from qualified professionals regarding all personal finance issues.