
As we move through the fall season and head toward a new year, now is a great time to re-evaluate your investments, keeping the idea of balance firmly in mind. Unfortunately, this method of making investment decisions doesn’t usually mean success-especially when compared to implementing and sticking to a balanced, rational approach. Instead, we may rely on emotion, like our need for security, the recommendation of someone we trust, or the excitement of an investment’s recent experience. Rationality isn’t always uppermost in our minds when we make money decisions. We can all agree that balance is important so why do we often find it so difficult to apply balance to matters of finance?Īccording to behavioral scientists, it’s because we’re human. We want work-life balance, which can reduce our stress levels we try to eat balanced meals, thereby keeping our bodies sound and we try to balance our to-do list against our need for rest and relaxation.īetter balance can lead to better health-physically, emotionally, spiritually, and even financially. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.Balance is a word we hear tossed around a lot these days. All examples are hypothetical and are for illustrative purposes. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. 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. This has been calculated by the Consumer Price Index from 1925 to 2002 to be 3.1%.įinancial Calculators from (612) 408-1092 Expected Inflation Rate What you expect for the average long-term inflation rate. This includes the potential loss of principal on your investment. The actual rate of return on investments can vary widely over time, especially for long-term investments. It is important to remember that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are subject to higher risk and volatility. Savings accounts at a bank pay as little as 1% or less. During this period, the highest 12-month return was 64%, and the lowest was -39%. From January 1970 to December 2003, the average compounded rate of return for the S&P 500, including reinvestment of dividends, was approximately 11.7% per year.

The actual rate of return is largely dependent on the type of investments you select. If you pay taxes on the interest, dividends or capital gains from these investments you may wish to enter your after tax rate of return. For the purposes of this calculator, taxation is not factored into the results. Expected Rate of Return This is the annually compounded rate of return you expect from your investments. This calculator assumes that all savings are added to your account at the beginning of the month. Savings per month The amount you will contribute each month to your investments. Although you could include your home and personal property in this amount - it is a bit more accurate to include only your savings, retirement accounts and investments. Amount currently invested Total value of all of your current investments. For example, to find out what it could take to be a millionaire by age 40, enter 40 here.

Millionaire target age The age you want to become a millionaire. Definitions Your age Your current age in years. For more information about these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC.For more information about this Plug-in please visit: SUN's Java Plug-in.You can also get SUN's Java Plug-in here: Get the Java Plug-in!.

This can be done automatically by clicking the yellow bar at the top of your browser and choosing Install ActiveX Control.
JAVA FINANCIAL CALCULATORS AT DINKYTOWN.NET DOWNLOAD
If you see this message you will need to download SUN's Java Plug-in. This Financial Calculator requires SUN's Java Plug-in. Enter in your current savings plan and view graphically your financial results for each year until you retire! A complete report tells you when you could hit your Cool Million - and what you can do to reach this milestone on target! What might it take to save one million dollars? This financial calculator helps you find out.
