If you make monthly contributions to an investment account, how long will it take you to reach a specific amount of money? This calculator allows you to enter monthly contributions as well as an end value and it will show how long it will take to reach the end value.Calculator Read More
It can be difficult to set goals for regular contributions when you first start investing. You can say okay, I want to have $100,000 in investment growth in 15 years. But what does that mean in terms of the money you have now?
Every mortgage requires you to pay interest. How much interest you pay depends on the interest rate you get with the loan. The higher the interest rate, the more interest you pay. However, it is possible to make prepayments on your mortgage.
In most cases, if you are buying a house, you will have to get a mortgage. You know the total amount of the loan you need but want to see how much the monthly payment toward that loan would be. How would different interest rates and loan timespans affect that monthly payment and can you afford it? How would the interest and principal amounts in the payment change over time? This calculator tries to help you figure these things out.
How much money will you need to raise a kid? If you want to retire early or become financially independent you may have asked yourself this question. I did too, so I did some research and laid it all out in this post.
When I got my first job they offered a 401k. I didn’t really know about 401ks at the time, but I started to look into them. My mom has a pension plan that she talks very highly of so I was curious about pensions as well.
Divorce is very common and there are many things that can bring a couple to get divorced. Luckily, my parents never got divorced so I never had to experience it first hand. Since I will most likely get married sometime in the future, I wanted to look into financial independence, if it can really lead to divorce, and how divorce can affect your financial independence when you are already retired, or still working towards it.