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Personal Finance Calculator |
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This personal finance and retirement calculator is the solution for people that want something very powerful, inexpensive, accurate, but simple and easy as possible to use. Terry Savage gave us input on making the best personal finance calculator ever created, so we made it. She is one of the top personal finance gurus. She's written several best-selling books, is on TV monthly, gives seminars and speeches all the time, and writes personal finance articles for several finance publications weekly. Her website is http://terrysavage.com/ Terry is awesome and will continue to help make this calculator by far the best ever created for people that like the KISS methodology (Keep It Simple Stupid!). It's a very scaled-down version of RP, which is a very scaled down version or RWR. Even though most of the power of RP and RWR is stripped out, it still has more value than most retirement planners costing several times as much. Only two of the manual override columns work on the asset sheet - the annual rate of return (so you can control the rate of return in every year) and the monthly contribution overrides. It has everything one could ask for in something simple, plus a superior methodology of performing Monte Carlo simulations. It only takes about 20 seconds to perform the simulation (RWR may take an hour). It's the only personal finance calculator that answers the question, "How will refinancing my credit card debt from 30% to 15% interest change my retirement picture?" RWR and RP will do that too, but there's only three simple input fields with this. You can still use Excel's built-in Goal Seek function to perform just about any "What-if" scenario other retirement planners can do, and more they can't. It's so simple that no directions are needed. The inputs and results are on the same page, so you can get accurate and meaningful results in one minute. Nothing has this much power crammed into such a small program (340Kb)!
To download the non-functional demo, right click on the link below, then choose "Save (Target) As..." to save to a folder on your hard drive. Then open it with MS Excel. Sometimes the WPP's server doesn't work well with weird browsers, or it just may not work if it's not configured right. Plus you won't be able to print well from your browser. Please send e-mail if you have any problems, and it will be sent to you. Answers to frequently asked demo questions, and instructions on how to use the demos.Download the non-functional 175Kb Personal Finance Calculator demo The actual program is a 375Kb Excel spreadsheet
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