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Please try our wide variety of financial calculators. Interactive calculations, dynamic graphs and fully customizable reports are just a few of the features that make our calculators stand out!
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Mortgage Calculators
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| Mortgage Loan Calculator | Use this calculator to determine your monthly payment and amortization schedule. |
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Investment Calculators
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| Investment Goal Calculator | Use this calculator to see if your investment plan is on track to meet your investment goals – and receive suggestions on how to change it if you are falling short. |
| Investment Returns | There is more to investing than knowing your annual rate of return. Use this calculator to help you see how inflation, taxes and your time horizon can impact your bottom line. |
| Investment Savings and Distributions | Use this calculator to see how long your investment savings can last once you begin taking distributions. |
| Personal Economic Recovery Calculator | This calculator can help you determine exactly what it might take to return your to your original investment balance. |
| Taxable vs. Tax Advantaged Investments | This calculator is designed to help compare a normal taxable investment, a tax deferred investment and tax-free investment. |
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Retirement Savings and Planning
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| Retirement Income | Use this calculator to determine how much monthly income your retirement savings may provide you in your retirement. |
| Retirement Planner | Quickly determine if your retirement plan is on track - and learn how to keep it there. |
| Retirement Shortfall | Running out of your retirement savings too soon is one of the biggest risks to a comfortable retirement. Use this calculator to find a potential shortfall in your current retirement savings plan. |
| RMD & Stretch IRA Calculator | Use this calculator to help determine how you can stretch out your retirement plan distributions for as long as possible. |
Managing Family Cash Flow- by Daniel C. Goodwin
While any credible business has financial statements few families do. A company needs to be able to quickly view their P&L (profit and loss) and balance sheet (assets and liabilities. These figures quickly tell the reader about the health of the company, the company’s financial strength or weakness, and what the company’s value might be. These reports can also serve in determining how much money that a company can borrow from a bank. Over time, a company’s ability to successfully manage income and expenses, as well as assets and liabilities determines the financial success and strength of the company. The same principals are true for your family and for my family.
The P&L (Profit and Loss) statement is a statement of how much money is coming into the business each month, and how much is leaving the company each month. If the company is earning a profit, or has a surplus the figure at the bottom of the report is in black ink, (In the black, or profit). If the company is losing money, then as guessed, the figure at the bottom is in RED INK, a loss. The P&L is the accepted accounting principal for businesses to know their numbers and to be able to plan, adjust and modify strategy accordingly. Few families really know or have any method for seeing what their true income and expenses amount to. It has been estimated that fewer than one in ten households operate under any sort of budget or method of accessing how the family is managing their income and expenses.
Cash flow management means controlling the amount of money that comes into your bank account, and money that leaves your bank account each month. The simple goal in managing cash flow is to create a surplus. The surplus is then allocated into investments that will make you financially secure over time. I believe managing cash flow for families is as important as managing cash flow for a Fortune 500 company. After all, are you more concerned with your family’s financial health or Exxon/Mobil’s? Please use the forms provided on this link to gain control of your family P&L.
Cash Flow P & L
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