I stumbled across yet another financial calculator website today. Hugh's Mortgage and Financial Calculators is a great site offering traditional finance calculators (IRA and house one can afford), as well as several really unique calculators (sack lunch savings, gas savings and beverage savings). After picking through Hugh's site a bit, I thought I would share other great financial calculators I found on the web:
- TCalc Financial Calculators - re-finance benefits, rent/buy, car affordability, college savings, loan rate, investment yield, retirement, and lease
- My 1st Million At 33 has a great Rent vs. Buy calculator
- Fidelity offers a user-friendly retirement website with a couple different retirement goal calculators
- I really like All Financial Matters comparison of starting retirement savings now or waiting
I ran the beverage savings calculator and found that I could save $208/year and $3,315 after 10 years if I order water every time I go out to eat, assuming that my beverage usually costs $2 and I go out to eat twice a week. I also ran the retirement savings now vs. later and found that a person my age would have to pay $254 more each year to have the same ending balance if they choose to wait a year to fund a retirement account, assuming a $2,500/year contribution.
Feel free to share your favorite calculators...
3 comments:
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