Know All About These 7 Financial Planning Calculators
BENGALURU: Financial Planning is one of the most important structures of leading a life but getting help with financial planning is not that easy and also at the same time no free too. The Internet is also a great source of information for those, who are looking to learn about managing their personal finances and one of the biggest online aids comes in the form of calculators that can inform many of the most common personal finance questions, according to about.com.
Retirement Planning Calculator:
This retirement planning calculator offered by AARP digs quite a bit deeper into the factors that will impact your retirement. The tool takes into consideration your age, current income and savings rate, in addition to other commonly overlooked factors like Social Security and what your desired retirement lifestyle looks like. While it is no substitute for a professional financial planner, it is a great place to start.
Loan Payment Calculator:
The loan payment calculator can quickly help you to determine what your monthly payments will be on a loan. This calculator can be extremely helpful if you're planning to borrow money for a major purchase in the near future. The calculator is set up to be used for a fixed loan types, such as a car loan or a fixed mortgage.
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