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.


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.

►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.


►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.


►Should I pay down debt or invest more?

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).


►How long will my money last?

You have worked hard to accumulate your savings.


►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 transporation costs, etc. need to be considered.


►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.


►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.


►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.


►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. 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.


►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.(Calculator not available)




►How much should I be saving for college?

With college costs increasing at twice the rate of inflation, it is important to start saving early. Interest working for you now in a regular savings program is much better than having interest work against you in the future in the form of education loans.


►Will I be able to repay my student loan?

When you borrow money for college you might not be thinking about your ability to repay the loan once you graduate. Outstanding student loan balances may infringe upon your ability to qualify for a home, auto and other personal loans. Use this tool to help gauge the feasibility of servicing your debt payments with your anticipated future income.


►What are the advantages of the Coverdell ESA?

Tax-deferral can have a dramatic affect on the growth of an investment. With the new Coverdell ESA (formerly known as the Education IRA) your contributions can grow tax-deferred and distributed income tax-free as long as distributions are used for qualified education expenses. These costs can include school uniforms, computers, and transportation for elementary or secondary school, public, private or religious.An annual limit of $2,000 per year for any individual under age 18 applies. Once the beneficiary reaches age 18 they can take control of the account but funds must be used by the time the beneficiary turns 30 years of age or transferred to a younger sibling.


►What are the advantages of a 529 College Savings Plan?

Tax-deferral can have a dramatic affect on the growth of an investment. With a state-sponsored 529 College Savings Plan your contributions can grow tax-deferred (some states allow contributions to be partially or completely deductible) and distributed income tax-free as long as distributions are used for qualified education expenses such as tuition, fees, room and board at higher education institutions.There is no limit on contributions but some states tend to limit contributions once the plan assets have reached a defined maximum (typically $200,000 - $250,000). You may make contributions of up to $55,000 per beneficiary in a single year without triggering a federal gift tax. Married couples may contribute $110,000 per beneficiary in a single year.*Assets are professionally managed by fund managers selected by the state. Participants can choose from two to almost 30 mutual fund-type investments. Control of the account remains with the contributor regardless of the age of the beneficiary.


►What is the value of a college education?

It may surprise you that, on average, an individual with a bachelor's degree earns approximately $54,392 per year, compared to the $31,044 average yearly salary of a worker with a high school diploma.Source: U.S. Bureau of Labor Statistics, January 2007, Usual Weekly Earnings of Wage and Salary Workers - People 25 Years Old and Over.


►What are the payments on a parental (PLUS) loan?

PLUS loans are low-interest federally insured loans for parents of undergraduate students to help pay a dependent student's college cost. PLUS loans are also available to graduate and professional students. The rate is fixed 8.5% for loans made on or after July 1, 2006.


►Should I live at home, on campus, or off campus?

Before deciding on room and board options when attending college, it may help to itemize and project expenses. These expenses will vary depending on whether you will commute from home, stay on campus or rent an apartment off campus. Use this calculator to help determine costs associated with these alternatives.




►How long will it take to pay off my credit card(s)?

Americans today owe more money than ever before. The fact that 'interest never sleeps' means that the situation will continue to worsen unless steps are taken at the individual level to reduce or eliminate debt. Additional monthly payments can make a difference to accelerate the payoff and save yourself hundreds and thousands in interest payments.


►How long until my loan is paid off?

By making consistent regular payments toward debt service you will eventually pay off your loan. Use this calculator to determine how much longer you will need to make these regular payments in order to eventually eliminate the debt obligation.


►What would my loan payments be?

The loan amount, the interest rate, and the term of the loan can have a dramatic effect on the total amount you will eventually pay on a loan. Calculate the payment and see the impact of these variables on a specified loan amount complete with an amortizaton schedule.


►What is the balance on my loan?

If you know your current payment, the interest rate and the term remaining, you can calculate your outstanding loan balance. Use this calculator to determine the loan balance along with an amortization schedule.(Calculator not available)


►Should I consolidate my personal debt into a new loan?

If you know your current payment, the interest rate and the term remaining, you can calculate your outstanding loan balance. Use this calculator to determine the loan balance along with an amortization schedule.


►Re-structuring debts for accelerated payoff

The quickest way to retire your debt is to 1) determine what your total debt payment is now, then 2) sort your debts from highest interest rate to lowest, then 3) continue to make the same total payment amount except pay Minimum Payments on all debts except the highest rate debt, then 4) once the highest rate debt is paid off apply those new savings to the next highest rate debt and so on. Use this calculator to determine the interest and time saved using this 'Roll-Over' technique along with the potential increase in savings once all the debts have been paid off. The calculator will sort the debts for you when completing the analysis. You may also apply an extra amount to the total payment to accelerate debt payoff even further.


►Which is better: cash up front or payments over time?

Use this calculator to help determine whether you are better off receiving a lump sum payment and investing it yourself or receiving equal payments over time from a third party.


►What is the impact of making extra payments on my loan?

Over the course of a loan amortization you will spend hundreds, thousands, and maybe even hundreds of thousands in interest. By making a small additional monthly payment toward principal, you can greatly accelerate the term of the loan and, thereby, realize tremendous savings in interest payments.


►Should I pay off debts or invest?

When you receive some extra money it may be difficult to determine whether you should invest the funds or use them to pay towards liabilities. Financial theory recommends that if your after-tax return on investments is greater than your after-tax cost of debt then you should invest. Use this calculator to help analyze your situation.(Calculator not available)




►How much home can I afford?

When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment you have. They look at all of your liabilities and obligations as well, including auto loans, credit card debt, child support, potential property taxes and insurance, and your overall credit rating. Use this calculator to determine how much of a mortgage you may be able to obtain.(Calculator not available)


►Should I refinance my home mortgage? (breakeven)

Over the last couple of years with interest rates at a 40-year low, many people refinanced their mortgages. Even though rates have crept up over the last couple of months, refinancing may make sense for you.


►Comprehensive mortgage calculator

Over the last couple of years with interest rates at a 40-year low, many people refinanced their mortgages. Even though rates have crept up over the last couple of months, refinancing may make sense for you.


►Comparing mortgage terms

Different mortgage terms and rates can make the loan selection process confusing, especially if you don't plan on keeping the loan for the full term. Use this calculator to determine the total cost in today's dollars of various mortgage alternatives taking into account your opportunity cost of money.(Calculator not available)


►Should I pay extra points for a lower interest rate?

In some cases, it may benefit you to 'buy down the interest rate' by paying extra money up front in the form of discount points.


►Should I rent or buy a home?

In some cases, it may benefit you to 'buy down the interest rate' by paying extra money up front in the form of discount points. Use this calculator to help determine if this makes sense for you.


►Should I convert to a bi-weekly payment schedule?

It may surprise you that most banks and mortgage companies collect two to three dollars for every dollar that you borrow! However, there is a way to accelerate mortgage payoff using a method called Bi-Weekly Mortgage Payments. This program is implemented by dividing your monthly mortgage payment in half and paying it every other week - resulting in a net effect of paying an extra payment toward principal each year.


►Compare a 'no-cost' versus traditional mortgage

Many lenders will offer a 'no-cost' loan in lieu of a traditional mortgage. 'No-cost' loans are generally priced at a higher interest rate than a traditional mortgage. The higher rate allows the lender to make enough money on the interest rate spread from the underwriter to pay for all your closing costs and provide them with their profit. Use this calculator to help determine if a no-cost loan with your lender is better than a traditional mortage.


►What are the tax savings generated by my mortgage?

With the interest on a mortgage being deductible when you itemize deductions, it may surprise you how much you can save in taxes. Use this calculator to determine your potential tax savings with a mortgage. (Consult your tax advisor regarding the deductibility of interest.)


►Should I take out a fixed or adjustable rate mortgage?

It is a difficult decision to decide between a fixed and an adjustable-rate mortgage. Factors such as loan duration, the index used by the lender, the number and timing of rate adjustments, and your assumption about the increase/decrease of future interest rates all have an impact. Use this calculator to help compare the total cost of each alternative.


►Adjustable rate mortgage calculator

Unlike fixed rate mortgages, the payments on an adjustable rate mortgage will vary as interest rates change. See how interest rate assumptions will impact your monthly payments and the total interest paid over the life of the loan.


►How do closing costs impact the interest rate?

If you choose to finance your closing costs, the monthly loan payments will be higher than if you had paid the closing costs out-of-pocket. In order to help borrowers compare loans, lenders use a standard calculation called annual percentage rates (APR) which takes into account the closing costs. Use this calculator to itemize the closing costs and to compare loans with different rates, fees or terms.




►What is my potential estate tax liability?

Under current law the federal estate and generation skipping taxes were repealed on January 1, 2010 for one year only. However, in 2011 federal estate taxes will be charged on all estates worth more than $1 million unless Congress makes additional changes between now and then. It is also possible that Congress may close the current loophole before the end of this year. This means that the federal government could 'inherit' a significant portion of your estate unless you take measures to preserve your wealth. Use this calculator to estimate your federal estate tax liability.


►Federal income tax estimator

As they say there is nothing more certain than death and taxes. Unfortunately, without planning the annual tax liability can be very uncertain. Use the following calculator to help determine your estimated tax liability along with your average and marginal tax rates.


►Should I adjust my payroll withholdings?

Each April many taxpayers are surprised as they realize that they have either over withheld or under withheld on their taxes. Use this calculator each year to help determine whether you are likely to be on target based on your current withholding status. Make adjustments to your employer W-4 form, if necessary, to more closely match your liability. In the event of a surplus, you may be able to increase your take home pay.


►Will my investment interest be deductible?

Interest paid on debts incurred in order to invest (such as 'margin accounts') is generally deductible to the extent that it offsets investment income (such as interest, dividends and short term capital gains). Interest payments in excess of investment income can be carried forward in hopes of offsetting future investment income. This calculator can help you better manage the use of debt as an investment tool, and more accurately time your income and interest payments to take best advantage of current deductibility laws and limitations.


►How much self-employment tax will I pay?

Self employment taxes are comprised of two parts: Social Security and Medicare. For 2010, you and your employer each pay Social Security taxes of 6.2 percent on the first $106,800 of your covered wages. You each also pay Medicare taxes of 1.45 percent on all your wages - no limit. If you are self-employed, your Social Security tax rate is 12.4 percent and your Medicare tax is 2.9 percent on those same amounts of earnings but you are able to deduct half of that as if you were your own employer. Use this calculator to estimate your self-employment taxes.


►Capital gains (and losses) tax estimator

Federal taxes on your net capital gain(s) will vary depending on your marginal income tax bracket and holding period of the asset. Use this calculator to help estimate capital gain taxes due on your transactions.


►Compare taxable, tax-deferred and tax-free investment growth

Investment vehicles are taxed differently. This calculator is intended to help compare a fully taxable investment to two tax advantaged situations. In one situation, an investment account is not taxed until the money is withdrawn. In the second scenario, the money is an investment that is not subject to Federal or State tax.


►How much of my Social Security benefit might be taxable?

Did you know that the government may tax up to 85% of your Social Benefit? If this is the case you may want to reposition some of your other income to minimize how much of your Social Security is taxed and, thereby, maximize your retirement income.


►What are the tax implications of paying interest?

Interest paid may or may not be tax-deductible depending on the type of interest paid. Use this calculator to help determine what, if any, interest you pay this year may be deductible and to what extent it may save you on taxes.


►Should I itemize or take the standard deduction?

If you have numerous itemized deductions such as mortgage interest, charitable contributions, etc., it may make sense for you to itemize your deductions instead of using the standard deduction for your tax filing status. Use this calculator to help you make that decision.


►What is my tax-equivalent yield?

Tax-free investments such as municipal bonds have lower yields due to their tax-exempt status. Use this calculator to determine an equivalent yield on a taxable investment. The higher your marginal tax bracket (state and federal), the higher the tax-equivalent yield.


►What is the amount of my 2009 rebate check?

Did you withhold enough in taxes this past year? Use this calculator to help determine whether you might receive a tax refund or still owe additional money to the IRS. Remember this is just a tax estimator so you should file a proper tax return to get exact figures.




►How much life insurance do I need?

Planning to meet the financial needs of your survivors is one of the most important and fundamental steps in creating a sound financial plan for you and your family. This step may require the purchase of a life insurance policy to ensure that your family's needs will continue to be met, even after your untimely death cuts your earnings potential short.


►What is my life expectancy?

With medical advances and improved lifestyles, life expectancies in the United States are on the rise.* Use this basic calculator to help determine how many years you may need to plan for in retirement or how many years you may need to provide income to a surviving spouse or children.* Source: National Association of Insurance Commissioners, 2001


►What are my needs for burial and final expenses?

Long gone are the days of being buried in a pinewood box. Funeral expenses can vary from several thousand dollars up to $15,000 and more depending on which services you select. Funeral homes and crematoriums provide a list of expenses some of which have been enumerated here. Use this calculator as a guideline to help estimate your burial and final expenses.


►How much disability income do I need?

Long gone are the days of being buried in a pinewood box. Funeral expenses can vary from several thousand dollars up to $15,000 and more depending on which services you select. Funeral homes and crematoriums provide a list of expenses some of which have been enumerated here. Use this calculator as a guideline to help estimate your burial and final expenses.


►What are the chances of becoming disabled?

It may surprise you that 33.7 million non-institutionalized Americans (or 12.2 percent of the population) experience limitations in usual activities due to chronic conditions.* Use this calculator to determine your chances of becoming disabled.* Source: Summary Health Statistics for the U.S. Population: National Health Interview Survey, 2002


►What are my long-term care insurance needs?

There are basically three ways to fund your long-term care needs: self-insure, qualify for Medicaid, or obtain long-term care insurance. Use this calculator to determine your potential long-term care needs and how long your current assets might last.


►How much will I earn in my lifetime?

Most people earn a small fortune during their lifetime. Yet many of them are unaware of how their annual income adds up over the years.This calculator, designed to help you estimate how much you'll earn before you retire, may surprise you with your own earning capacity.


►What are the tax advantages of an annuity?

Deposits into an annuity are not tax-deductible, however you don't have to pay taxes on the interest earned until you begin making withdrawals. This tax-deferral period can have a dramatic affect on the growth of an investment. Use this calculator to compare the tax advantages of saving in an annuity versus an account where the interest is taxed each year such as a CD.


►How long will my current insurance last?

You may think that you are adequately insured in the event of your death. It may surprise how quickly the tax-free insurance proceeds may be depleted by your survivor income needs.


►What is the future value of an annuity?

Unlike a taxable account, a fixed annuity enjoys the benefits of tax deferral. In addition, many annuity companies offer a higher first year bonus rate. To be able to offer these higher rates companies typically require you to keep the funds invested for a period of time or suffer a surrender penalty for early withdrawal. Use this calculator to help determine your annuity value in a given year and compare it to a taxable savings account like a CD.


►Which is better, Comprehensive Plan Or High-Deductible Plan With HSA?

Health Savings Accounts (HSAs) were created by the Medicare bill signed by President Bush on December 8, 2003. HSAs are a form of medical savings account that must be accompanied by a high-deductible health insurance plan. HSAs allow individuals/employers to set aside money on a pre-tax or tax-deductible basis and then withdraw the money tax-free to pay qualifying medical expenses. Use this calculator to help compare a traditional, low-deductible health plan to a high-deductible health plan accompanied by an HSA to cover out-of-pocket expenses.




►How should I allocate my assets?

Over 90 percent of investment returns are determined by how investors allocate their assets versus security selection, market timing and other factors.* Use this calculator to help determine your portfolio allocation based on your propensity for risk.* Source: Brinson, Singer, and Beebower, 'Determinants of Portfolio Performance II: An Update,' Financial Analysts Journal, May-June 1991


►Compare taxable versus tax-free investment return

Many investments are taxed differently. For example with bonds, some may be taxed federally only, some may be taxed at the state level only, and some may be taxed both at the state and federal level. Use this calculator to help make an apple-to-apple comparison of varying investment returns.


►What is the value of a bond?

Bond values are very sensitive to market interest rates. For example, if you purchased bond with a stated/coupon rate of 10% and market rates had declined to 8% since you purchased the bond, then the value of your 10% bond in a market crediting 8% would be higher. Use this calculator to help determine the value of a bond.


►What is the return on my real estate investment?

Purchase price, loan terms, appreciation rate, taxes, expenses and other factors must be considered when you evaluate a real estate investment. Use this calculator to help you determine your potential IRR (internal rate of return) on a property.


►What is the value of compound interest?

Compound interest can have a dramatic effect on the growth of an investment. Use this calculator to illustrate the impact of compound interest on the future value of an asset.


►What is the value of a call or put option?

A Call option represents the right (but not the requirement) to purchase a set number of shares of stock at a pre-determined 'strike price' before the option reaches its expiration date. A call option is purchased in hopes that the underlying stock price will rise well above the strike price, at which point you may choose to exercise the option. Exercising a call option is the financial equivalent of simultaneously purchasing the shares at the strike price and immediately selling them at the now higher market price.A Put option represents the right (but not the requirement) to sell a set number of shares of stock (which you do not yet own) at a pre-determined 'strike price' before the option reaches its expiration date. A put option is purchased in hopes that the underlying stock price will drop well below the strike price, at which point you may choose to exercise the option.


►Taxable vs. tax-advantaged saving comparison

Tax-deferral can have a dramatic affect on the growth of an investment. Use this calculator to determine the future value of an investment being subject to income tax each year versus deferring the tax until withdrawal.


►What is my risk tolerance?

On your way home from work, do you drive in the slow lane or the fast lane? Each person has a different propensity for risk. When investing, this risk propensity can be used to determine the percentage of your portfolio that is exposed to equities. Complete the following questionnaire to help determine your risk profile.


►What is the long-term impact of increased return?

It may surprise you how much more you could accumulate in savings simply by repositioning assets to achieve potentially a slightly higher return. Even one, two or three percent return over a short number of years can make a dramatic difference.


►Certificate of Deposit (CD) analyzer

Use this calculator to help determine the potential interest growth and tax liability on your Certificate of Deposit.


►What is the dividend yield on a stock?

Dividends paid by a corporation can make up a significant portion of the cash flow generated by a stock purchase. Use this calculator to help determine your pre-tax and after-tax yield on a particular stock.


►How do expenses impact mutual fund returns?

It may surprise you how sales charges, management fees and lost opportunity cost can erode the total return on your mutual fund. Use this calculator to estimate the impact these charges may have on the growth of your investment.




►How much will my company bonus net after taxes?

A bonus from your employer is always a good, however, you may want to estimate what you will actually take-home after federal withholding taxes, social security taxes and other deductions are taken out. Use this calculator to help determine your net take-home pay from a company bonus.


►How will payroll adjustments affect my take-home pay?

Contributions to a qualified plan, participation in a company-sponsored cafeteria plan, change in filing status, or number of allowances claimed will have a direct impact on take-home pay. For example, due to federal tax savings, contributions to a qualified plan do not translate into a direct dollar-for-dollar tradeoff on take-home pay. Use this calculator to help compare your current situation to what-if scenarios.


►Convert my salary to an equivalent hourly wage

Use this calculator to determine what your hourly wage equates to when given your annual salary - it may surprise you what you make on an hourly basis.


►Convert my hourly wage to an equivalent annual salary

Use this calculator to determine your equivalent annual salary when given what you get paid per hour - it may surprise you what you make on a yearly basis.


►What is the future value of my employee stock options?

Your company-issued employee stock options may not be 'in-the-money' today but assuming an investment growth rate may be worth some money in the future. Use this calculator to help determine what your employee stock options may be worth assuming a steadily increasing company value.


►Should I exercise my 'in-the-money' stock options?

When your employee stock options become 'in-the-money', where the current price is greater than the strike price, you can choose from one of three basic sell strategies: Exercise your options, then hold the stock for sale at a later date (exercise and hold); hold your options and exercise them later (defer exercise); or exercise your options and immediately sell the stock (exercise and sell). This calculator will help you decide which choice will likely maximize your after-tax profits.


►What may my 401(k) be worth?

It may surprise you how significant your retirement accumulation may become simply by saving a small percentage of your salary each month in your 401(k) plan. Use this calculator to estimate how much your plan may accumulate for retirement.


►What is the impact of increasing my 401(k) contribution?

It may surprise you how significant your retirement accumulation may be simply by increasing the percent of your salary that you save each month in your 401(k). Use this calculator to estimate how much more you could accumulate taking into account any employer match (if applicable).




►Evaluate my company pension payout options

When you reach retirement, and if your company provides a pension program, you will be offered a number of payout options. Typically, they will be the Single Life and the Joint Survivor payout options. Single Life pays a higher monthly amount but stops paying once you die, whereas, the Joint Survivor will pay a lower monthly amount but will continue until both you and your spouse are deceased. This calculator will help evaluate total payout amounts under both scenarios given specified life expectancies.


►How much can I contribute to an IRA?

Many factors can affect your eligibility and annual contribution amounts to an Individual Retirement Account (IRA) -- including your marital status, your current earned income level and whether or not you participate in a retirement plan at work. Use this calculator to help determine whether or not you are eligible to contribute to both the Traditional and the Roth IRA and at what maximum contribution amounts.


►How much retirement income can my IRA provide?

Your retirement income can vary widely depending on what type of IRA holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods. Use this calculator to help estimate your monthly and annual income from various IRA types.


►Should I convert to a Roth IRA?

You will generally pay ordinary federal income tax (but not the 10% penalty tax) on the taxable amount that is converted. Your tax-free potential is maximized if you pay the taxes from your current income or personal savings, not your IRA.Please note that beginning in 2010 the $100,000 adjusted gross income limit for conversions to Roth IRAs is permanently repealed. From 2010 onward, all taxpayers, regardless of income, can convert to Roth IRAs. Also, for conversions occurring in 2010, the taxpayer has the option to report one-half of taxable income in 2011 and one-half in 2012 or the full amount in 2010. After 2010, conversions must be reported in full in the taxable year in which they are made.


►What will my qualified plan be worth at retirement?

It may surprise you how significant your retirement accumulation may be simply by contributing regularly to a qualified plan. Use this calculator to estimate how much you may accumulate by saving in a qualified plan.


►What is my current year required minimum distribution?

It may surprise you how significant your retirement accumulation may be simply by contributing regularly to a qualified plan. Use this calculator to estimate how much you may accumulate by saving in a qualified plan.


►What is my projected required minimum distributions?

Current tax law specifies that once you reach age 70-1/2 you must begin making taxable withdrawals from your Traditional IRAs and many other retirement plans. These minimum distributions are calculated annually based on your age, account balance at the end of the previous year, marital status and spouse's age. If you do not meet the annual minimum distribution, you may be subject to a 50% penalty on your underpayment, plus ordinary income tax as the funds are withdrawn.


►What are my lump-sum distribution options?

You've spent a long time accumulating funds in your retirement account. When you retire and take distribution of your funds you have many options to consider.


►How do I maximize my employer 401(k) match?

You've spent a long time accumulating funds in your retirement account. When you retire and take distribution of your funds you have many options to consider.


►What is the impact of borrowing from my 401(k) plan?

Some qualified retirement plans include the option for qualifying participants to a take a loan against their retirement account balance. Many people borrow from their retirement plan to pay off high-interest debt or to make a major purchase. Although the borrowing rates may be favorable, usually 1-2% above the prime rate, the impact on future retirement earnings needs to be taken into account. This calculator can help you make a more informed decision about whether a loan is the right approach for your financial situation.During the loan repayment period, if you elect to suspend ongoing contributions to the plan, your future retirement account balance may be further impacted. This analysis does not take into account any loan initiation fees that might apply. It also does not consider the impact of taking a withdrawal from the plan for financial hardship (purchase of a primary residence, college tuition, funeral expenses, etc.). Contact your plan administrator for details on the loan and withdrawal options available to you.


►What is the impact of early withdrawal from my 401(k)?

Many people feel the need to withdraw funds from their 401(k) plan due to hardship or other emergency. Use this calculator to help determine the impact of lost contributions and retirement funds due to early withdrawal.


►What is my maximum self-employed retirement plan contribution?

Compensation for a self-employed individual (sole proprietor or partner) is that person's 'earned income.'* The starting point to determine the individual's earned income is the net profit amount from the Schedule C (or Schedule K-1 for a partnership). Use this calculator to determine your maximum contribution amount for a Self-Employed 401(k), SIMPLE IRA and SEP.*Earned Income = Net Profit - 1/2 of Self-Employment Tax - Contribution


►Net Unrealized Appreciation (NUA)

The NUA is important if you are distributing highly appreciated company stock from your tax-deferred employee-sponsored retirement plan, such as a 401(k). Upon the distribution the NUA is not subject to ordinary income tax. For this reason it may be better to transfer the company stock to a regular taxable account instead of rolling the stock over to a tax-deferred IRA: that is, if rolled over to an IRA, the company stock's NUA would eventually be taxed at your ordinary income tax rate (when you take distribution of the stocks).




►How will retirement impact my living expenses?

Your living expenses may increase or decrease at retirement but will likely not stay the same. You may travel more, reduce business expenses such as eating out and transportation costs, perhaps your house will be paid off. Use this calculator to help compare living expenses now from the day you retire. This will also help you to plan your saving requirements for the day you retire.


►How much will I need to save for retirement?

Retirement can be the saddest or happiest day of your life. This pre-retirement calculator will help you determine how well you have prepared and what you can do to improve your retirement outlook. It is important that you re-evaluate your preparedness on an ongoing basis. Changes in economic climate, inflation, achievable returns, and in your personal situation will impact your plan.


►Are my current retirement savings sufficient?

One method of retirement planning is to project what you are currently saving and have accumulated to date and see if you will have enough to meet your retirement objectives. Use this calculator to determine when/if the money will run out during retirement and it will recommend additional savings if required.


►Social Security retirement income estimator

Depending upon your current earnings, Social Security can be a significant part of your retirement income. However, many factors will impact the benefit you may receive. Use this calculator to approximate your Social Security benefit. For a more accurate estimate, taking into account your earnings history, contact the Social Security Administration at 1-800-772-1213 or visit www.ssa.gov.


►How does inflation impact retirement income needs?

It may surprise you how fast inflation can erode purchasing power. Use this calculator to estimate how much more income you will need at retirement to keep your same standard of living that you have today.


►I'm retired, how long will my savings last?

Due to increasing life expectancies, many are running into the problem of outlasting their savings. Use this calculator to help determine when your retirement savings account may be depleted given a specified monthly income target. You may currently be in receipt of a company pension or other fixed income such as Social Security to help supplement your retirement savings account.


►When should I begin saving for retirement?

A penny saved is a penny earned, but a penny saved today is a penny potentially earning more. Use this calculator to determine how much more you could accumulate at retirement by beginning your savings plan today rather than waiting.


►Should I convert discretionary expenses to savings?

It may surprise you how much you can accumulate for retirement simply by foregoing a few luxuries such as a one-time purchase of a boat or cabin, or trimming back recurring monthly expenses such as eating out, movies, magazine subscriptions, cable tv programming, video rentals, vending machines, etc. Use this calculator to determine how much you could accumulate for retirement by saving instead of spending.


►How much retirement income may my 401(k) provide?

It may surprise you how significant your retirement accumulation may become simply by saving a small percentage of your salary each month in your 401(k) plan. Further, it may be useful to estimate your future monthly income generated by these savings and what that means in today's dollars.


►Compare Roth 401(k) to Traditional 401(k)

Your retirement income can vary widely depending on what type of account holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods. Use this calculator to help compare employee contributions to the new after-tax Roth 401(k) and the current tax-deductible 401(k).




►Becoming a millionaire

It may surprise you how quickly you can accumulate a million dollars. Use this calculator to determine the annual amount you would have to set aside each year to reach a million dollars.


►Income generated by a savings plan

Saving regularly can help you achieve your future income goals. Use this calculator to determine how much income an existing balance and/or a regular savings plan can provide.


►How long will it take to double my money?

Compound interest can have a dramatic affect on the growth of a single deposit. By dividing 72 by your investment return you can determine the amount of time required for your money to be worth about twice as much as it is today.


►How long until my savings reach my goal?

Compound interest can have a dramatic affect on the growth of a single deposit. Use this calculator to determine how many years an existing savings account will take to reach your stated objective.


►Save now vs. save later calculator

A penny saved is a penny earned, but a penny saved today is a penny earning more. It is important to start saving as soon as possible for events such as retirement due to the impact of compounding. If you start saving now you will need to save considerably less than if you wait a few years. Use this calculator to determine how much extra you will need to save if you wait.


►How much should I save to reach my goal?

What are you saving for: a computer, car, boat, summer home, down payment? Use this calculator to determine what you need to save on a regular basis to have the funds ready when needed.


►What will my current savings grow to?

Compound interest can have a dramatic effect on the growth of series of regular savings and initial lump sum deposits. Use this calculator to determine the future value of your savings and lump sum.


►Calculate rate of return

The initial receipt or payment, the amount of subsequent receipts or payments, and any final payment or receipt, all play a factor in determining the return.


►How do taxes and inflation impact my return?

Taxes and inflation can have a dramatic effect on the growth of an investment. Use this calculator to determine the impact taxes and inflation can have on the purchasing power of your investment.


►What is my effective annual yield?

The number of compounding periods per year will affect the total interest earned on an investment. For example, if an investment compounds daily it will earn more than the same investment with the same stated/nominal rate compounding monthly. Use this calculator to determine the effective annual yield on an investment.




►Tax savings of a qualified retirement/cafeteria plan

Implementation of a Qualified Plan and/or Section 125 Cafeteria Plan can result in significant tax savings and benefits to both the employer and employee. Use the following calculator to estimate the potential savings generated by implementing one or both of these plans.


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.