Investment Calculations
Addressing the most common questions about investments.
Investment Calculator

SmartAsset investment calculator

Last Updated on October 2, 2021

What is the SmartAsset Investment Calculator?

SmartAsset Investment Calculator is a free investment calculator that allows you to input your starting amount, additional contribution, expected rate of return, and years to grow. It then calculates the future value of your investment. The SmartAsset investment calculator provides an easy way to find out what your monthly savings will need to be in order for you to reach your financial goals.

SmartAsset Investment Calculator can be used to plan for many goals, such as:

  • Purchasing a new car or home
  • Getting married and starting a family
  • Saving enough money to take a luxurious vacation every year
  • Going back to school and finishing your degree

Here are some key features of the SmartAsset Investment Calculator :

  • A simple interface that is easy to use.
  • Easy input fields for calculating the future value of your investment.
  • An estimate of how much you will be able to save over time with this investment.

This investment calculator will help you find out how much you need to save in order to meet your goals.

It takes into account the factors that are most important when it comes to saving for retirement. You can input any number into the calculator and it will calculate how much money you will have at the end of the given period of time.

Enter an amount for your starting balance, your annual contribution, and the estimated rate of return. You can also enter the number of years you are saving for and how much you have saved so far. The calculator will estimate how much you are saving per year and what your potential worth is.

Visit the website HERE.

How do you use the SmartAsset Investment Calculator?

The SmartAsset investment calculator is simple to use. To start, enter your starting balance, expected rate of return, and years until retirement. Then indicate how much you plan to contribute each month or each year during that time period. Finally, indicate whether this will be a monthly contribution or not. The calculator then calculates the future value of your account as well as what interest rate you need to earn in order for your investments to grow at the same rate as inflation. You can compare these results with other rates of return which are possible based on different amounts contributed per month over different periods of time. All the data used in our calculations comes directly from reputable sources like Moody’s Analytics® and Yahoo! Finance.

What is an investment calculator?

An investment calculator is a tool that lets you calculate what the future value of your investments or savings account will be. The SmartAsset Investment Calculator allows you to choose specific start date and time period for which you want to project how much money you have saved going forward. Then, based on the number of times that you add money to this account during this time period, along with many other factors such as tax rate, inflation rate, and earnings from your investments, it projects how much money your initial amount will grow into. It also calculates what interest rate would be required in order for this growth to happen at the same pace as inflation so that your buying power stays constant over time.

Why do I need to know the interest rate that my account would need to grow at in order for it to keep pace with inflation?

A higher interest rate means that your money will grow more quickly. For example, if you invest $10,000 and get an interest rate of 5%, then after 10 years you will have roughly $11,000. If you get an interest rate of 2%, however, then after 10 years you will only have about $9,800. Accounting for inflation, which is generally around 3%, this means that if your investments grow by less than 3% per year then your buying power will decrease over time. You can see what kind of rates are possible based on different amounts contributed by choosing the “change” option in the dropdown menu in the investment calculator. This will show you how much interest you would need to earn in order for your money to grow at least as quickly as inflation.

How do I know what amount, or monthly contribution, to input into the SmartAsset Investment Calculator?

The amount that you input depends on your goals and financial situation. If you are unsure what this should be then it is a good idea to talk with a professional who can help you create an appropriate plan for reaching your goals based on your current income. Generally, however, if you want to retire by a certain age or have an emergency fund that is equal to 3-6 months of expenses available then it makes sense to save roughly 15% of your income. For example, if you earn $60,000 per year then 15% of that would be around $9,000 per year. That means that inputting something like $775 into our calculator which assumes a monthly contribution might be a reasonable conservative goal for accumulating this sum in 10 years without taking too much risk.

Why does the SmartAsset Investment Calculator assume I contribute monthly?

The investment calculator from SmartAsset assumes that you contribute monthly because inflation generally occurs at a fairly consistent rate over time and thus is best projected by assuming a consistent growth in addition to an interest rate. In order to account for this, we assume a “simple” interest rate which means that each year the amount contributed increases by the same percentage as inflation (which is generally around 3%). This might be different than what you are used to seeing in the real world, however, it’s consistent with how your money would grow if you invested in an index fund that matches inflation.

What is compounding?

Compounding refers to the interest on the interest that occurs when an account makes money and then reinvests it at a higher rate of return. For example, let’s say you invest $100 at 6% per year for two years. The first year you earn 6% on your $100 so at the end of the year, you have $106. The second-year you earn 6% again but this time only on the amount earned over the previous year which is $106 instead of $100 so you have $112.24 at the end of the year. This is an example of how compounding can cause your money to accumulate more quickly over time.

SmartAsset Income Tax Calculator   

Why is the SmartAsset Income Tax Calculator used to determine my tax bill?

The SmartAsset calculator is one of many calculators available for estimating your income tax liability. The difference between this calculator and many others, however, is that it uses your state as well as federal income tax rates in order to estimate how much tax you will need to pay. Many calculators use just an average or flat rate which means that certain people who live in high-tax states but have lower incomes would not be accurately represented. Using a state income tax calculator also allows us to build off of our investment tools so that we can more easily compare the total costs (including taxes) on different investments such as index funds and individual stocks.

How does the SmartAsset Income Tax Calculator estimate the taxes that I will pay on my investment income?

We use your projected investment income in order to determine how much of it would be taxed at each individual rate. Then we look up the tax rates by state and add them together to get your total estimated marginal tax rate. This means that if you are in the 15% federal bracket but also have a 10% state bracket then your total effective tax rate would be 25%.

This calculator only estimates the taxes owed on investments so no additional taxes such as Social Security, Medicare or Capital Gains Taxes are included. We assume that these other taxes will remain relatively constant based on current law (although changes could happen).

How does SmartAsset calculate my retirement savings taxable income?

For most types of retirement accounts such as a 401k or IRA, you will pay taxes on your contributions before they are deposited into the account and then again when you withdraw the funds at retirement.

The taxable income for this calculator is based on your adjusted gross income (AGI) and includes any pre-tax withholding from your paycheck as well as any pre-tax investments you make through a company plan like a 401k or 403b. This means that if you invest $100 per month in an employer-sponsored plan then we estimate that $60 will come from pre-tax withholding and $40 will be money that actually came out of your pocket.

SmartAsset IRA Calculator  

Why does the SmartAsset Retirement Calculator assume I make pre-tax contributions?

In general, most retirement accounts assume that you contribute to the account with pre-tax dollars before taxes are taken out. This is different from a standard investment account where you pay taxes on your income first and then make investments. These types of accounts reduce your taxable income which can help you qualify for certain tax deductions or credits or decrease your overall tax liability so it’s important to take them into consideration when estimating how much money you will have available at retirement age.

How does SmartAsset estimate my 401k fees?

Many 401k plans offer fund choices with very high expenses such as 1% per year or more which add up over time and eat away at your returns. Our calculator uses a fee benchmark of 0.75% which is the average total expense ratio for 401k funds according to BrightScope. This fee varies depending on what type of investment you choose (stocks, bonds, etc.) but 0.75% is a reasonable estimate for many different types of investments available in your plan.

The SmartAsset calculator automatically calculates how much money you will need to save in order to cover all future tax bills associated with your retirement savings. It uses your pre-tax contributions and assumes that they grow at an average annual rate of 6%. The taxable amount portion assumed by our calculator is based on the combination of today’s marginal income tax rates along with projected state and local income tax rates.

How does SmartAsset calculate my capital gains and dividend income?

We assume that your after-tax investment returns equal your pre-tax investment returns in order to find the taxable portion of your total return. This means that we estimate the amount you will owe in taxes (and potentially penalties) when you sell an investment once you include all expenses and fees associated with it.

SmartAsset uses a combination of short-term capital gains, long-term capital gains, and qualified dividends from our database assuming they are from individual stock holdings. These amounts are combined together based on historical years where they have been taxed at different levels so that we can more accurately estimate future tax bills using today’s marginal rates. We use a conservative average of 0% for qualified dividends and assume a higher rate of 25% for short-term capital gains and 28% for long-term capital gains to estimate the average amount you would owe in taxes on your total return.

Edward Jones investment calculator

Investment calculator Edward jones

Saving money is a great way to get ahead in life. The amount that you save will depend on how much money you can put away, and the interest rates of your savings account.

The Edward Jones Investment Calculator helps you to see how saving over time can be a powerful tool for reaching financial goals and accumulating wealth. It calculates a future value based on the amount saved, the average annual rate of return on investments, and the number of years saved.

Edward Jones rate of return

The calculator allows you to compare two different savings plans, and shows the benefits of saving at a higher rate of return over time. This tool is helpful for those who want to accumulate wealth or plan for retirement, as well as those who are interested in opening an IRA CD (certificate of deposit), and would like to understand how their annual percentage yield (APY) stacks up against other banks and financial institutions.

What accounts can I open with Edward Jones?

For those looking into retirement planning, we offer tax-advantaged Individual Retirement Accounts (IRAs). We also offer products such as annuities and mutual funds that may be used as part of your retirement plan. Contact us to learn more about our investments and how they can be used in conjunction with your financial goals.

What is the Edward Jones 401k Plan?

Our retirement savings plan, known as a 401(k) plan, is designed to help you save for your goals during your working years so that you have money when you retire. Our expert team will provide education and guidance throughout the process to help ensure that you are on track for retirement readiness. Through this tax-advantaged account, clients may defer pre-tax income into an investment portfolio of their choice until funds are withdrawn or reach age 59 ½ (subject to IRS limitations). Funds not withdrawn by this time will be subject to withdrawal penalties unless used toward the purchase of a home or qualified education expenses.

What are the fees for Edward Jones 401(k) plan?

Our administration fee is only $10 per year, per employee ($40 maximum). There is no transaction fee on loans made from your account. We have few additional fees designed to support the investment options in your plan, including administrative charges for mutual funds, annuities, and our managed accounts service. Our IRA CD (certificate of deposit) has an early withdrawal penalty that can vary depending on what type of IRA you own, so it’s important to familiarize yourself with any withdrawal fees prior to opening an IRA CD. Contact us if you have further questions about our 401(k) plan or fees.

It’s important to know your goals when saving money – whether you want to buy a house or pay off debt, or help your children or grandchildren go to college – so that you know how much money will be needed. The calculator lets you enter up to six different goals so that it will calculate how much money is needed for each one.

Investing in your future is a smart and effective way to reach your financial goals and accumulate wealth. To see the power of long-term savings, they created an investment calculator that makes it easy to project how much money you’ll have after a certain period of time.

An effective way to reach your financial goals is to start saving early. You should plan businesses ahead because the value of saving over time can not be overstated.

If you would like to find out how many years it will take you to save up for a certain purchase, use the Edward Jones investment calculator.

Visit the website HERE.

Investment Property Calculator Excel Spreadsheet

Roofstock has created an Excel spreadsheet for prospective investors to use to calculate how much they can expect to get in monthly rent, annual operating costs, and the return on investment.

The Investment Property Calculator spreadsheet template is designed for Roofstock customers who are looking for a way to estimate their monthly rental income, their operating expenses (e.g., property taxes), and the potential financial return on their investment.

What is Roofstock?

Roofstock is an online marketplace designed to help users buy, sell, and finance investment properties. It was created in 2012 by husband-and-wife team Brian Lund and Susan McBrayer after they saw the struggles of small investors trying to get started with their first property. It’s a free service that connects investors directly with sellers who are looking for buyers for their rental properties. All listings on Roofstock come with extensive photos and floor plans, allowing renters or owners to search out what they want before making contact.

What other services does Roofstock offer?

Using Roofstock’s “Investment Calculator” you can estimate the monthly income you could expect from your potential purchases. It works by estimating the market value of the property you are interested in buying, then multiplying that figure by your percentage of ownership. Roofstock also offers free advice on how to start building a portfolio of investment properties. You can learn more about them HERE.

Why should I use Roofstock’s Investment Calculator?

The calculator saves users time and money by helping them make accurate assumptions before deciding which rental property is right for their needs. Here are some tips to help make sure you get the most out of your calculations:

• When entering monthly expenses, be as conservative as possible. This will provide a more accurate picture of potential costs over time. Skimping now will cause problems later on when you need money for important bills like utilities and property taxes.

• Think long-term and plan for your investment. The more years you can afford to keep the property, the better your return will be.

• Some expenses won’t apply to all rentals, such as a mortgage payment if you don’t take out a loan on the rental. Roofstock makes it easy to add or subtract expenses from any calculation when needed. An added benefit of using Roofstock is that you can learn about investing in real estate through their blog which offers free articles on how to buy investment properties in big cities around the country, by state, and by the individual city!

This spreadsheet is perfect for investors who are new to the world of real estate investing. It takes into account all the essential aspects of rental property including monthly expenses, vacancy, appreciation, and monthly cash flow.

This excel spreadsheet is tailored to help you make quick decisions on whether your investment is worth it or not. The calculator will help you determine how much your property will be worth at the end of the year if you decide to sell it.

It can also tell you how much money you would make on a rental property each month if you decide to rent it out instead.

The goal of this spreadsheet is to calculate how much your property can earn each year.

The spreadsheet assumes that the property is a rental, but you can modify the columns to reflect what you need.

Visit the website HERE.

Pay off debt or Invest Calculator

Deciding on whether to invest or pay off debt can be a tough decision. Thankfully, there are calculators that can help you make the decision.

Huntington provides a tool to easily compare different debt payoff scenarios to various investment portfolios.

The calculator is easy to use and tells you how much you will have in thirty years given the various variables.

This calculator will help you decide whether you should invest or pay off your debt.

1) When would you like to have the money?

2) What is the interest rate on your credit card?

3) What is your earnings on your investments?

4) What is the current balance on your credit card?

5) How much do you need to save each month in order to pay off the debt by a specific date?

Some people believe that investing and paying off debt are mutually exclusive and they need to choose one over the other. However, this is not true. When you invest, you can easily pay off your debts as well- without any problem.

The only difference is the time frame in which you will be able to fully pay it off. You could opt for investing now and pay off the debt gradually as it grows over time or vice versa- by paying now and increasing your investments each month till all debts are gone.

Visit the website HERE.

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