Only 38% of U.S. workers have tried to determine how much they will need to save for a comfortable retirement.
Source: Employee Benefit Research Institute, 2018.
How much retirement income will you need? How much life insurance is enough? What type of IRA is right for you?
Our financial calculators are designed as educational tools to help you estimate answers to common financial questions. They are not intended to predict future returns or results. Simply click on one of the general financial topics below and you’ll find a selection of easy-to-use calculators about related financial topics.
These calculators are hypothetical examples used for illustrative purposes and do not represent the performance of any specific investment or product. Rates of return will vary over time, particularly for long-term investments. Investments offering the potential for higher rates of return also involve a higher degree of risk of loss. Actual results will vary.
Loans & Credit Cards
Loan Payoff – How much will it cost to pay off a loan over its lifetime?
Home & Mortgage – Use these calculators to compare interest-only versus traditional mortgages, calculate mortgage payments, and determine your tax savings from your mortgage.
Credit Card Debt – How long will it take to pay my balance?
Car Affordability – How much can you afford to pay for a car?
Saving & Investing
College Funding – Use these calculators to estimate the cost pursing a college education based on the variables you input.
Savings Goals – How much do you need to save each year to meet your long-term financial goals?
Savings Accumulation – Estimate the future value of your current savings.
Taxable Equivalent Yield – Calculate the rate of return you would have to receive from a taxable investment to realize an equivalent tax-exempt yield.
Retirement & Inflation
Cost of Retirement – Use these calculators to estimate your social security after retirement and the savings associated with converting discretionary expenses to savings.
Impact of Inflation – Estimate the future cost of an item based on today’s prices and the rate of inflation you expect.
Cash Management
Cash Flow – Use these calculators determine if you should pay down debt or invest more, how long your money will last, and to compare purchasing power.
Lifetime Earnings – This calculator is designed to help you attach a dollar figure to your life’s work.
Taxes
Federal Income Tax – This calculator can help you estimate your annual federal income tax liability.
Self-Employment Tax – How much self employment tax will I pay?
Tax Refund Estimator – This calculator can help you estimate your 2019 tax refund.
Tax Freedom Day – Use this calculator to determine how many days you have to work before you earn money for yourself.
Risk Management
Life Insurance – How long will your life insurance proceeds last?
Life Expectancy – Knowing your likely life expectancy is an important factor in making long-term financial plans.
Downloadable Resources
Centering the Assets
How do we stay centered on the potter’s wheel of retirement income planning? Click the icon above to download a PDF file that describes how to center your assets and stay on balance with your retirement and financial plans.
Principles vs. Popularity
Click the icon above to download a PDF article explains what tax deferrals are as well as how the current rate will affect your business in the future.
What's Changing in Auto Insurance Law?
Check out this article by our founder, Jake, about his partnership with Financial Architects and what is changing in personal insurance policies in Michigan.
Michigan No-Fault Reform
Click the icon above to read a PDF article that provides details on the notable changes and provisions to PIP (personal injury protection) medical coverage options.