- 1 City Centre Dr 10th Floor Mississauga, ON
- trevor@planwithtrevor.ca
Raw Calculations
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BUDGET PLANNER ( Scenario AB, Age 65+ no)
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All Calculations On Page
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Budget Planner
Description:
The Budget Planner helps you organize your monthly cash flow to find additional dollars you can use to achieve your financial planning and retirement goals. Designed to compare your "Current" expenditures to "Proposed" expenditures, simple adjustments can be made until you have the desired outcome.
Methodology:
The Budget Planner compares your monthly after-tax income with your monthly expenses to determine if you have any excess income or a deficiency. Depending upon your situation, you would then make adjustments to your expenses in the "Proposed" column with the goal of rebalancing all expenses, savings and insurance to arrive at a zero excess/deficiency.
Instructions:
Use the following steps to plan your monthly budget.
- Start by entering your monthly after-tax (take home) income for you and your spouse / partner.
- Next enter all of your current monthly expenses.
- Click "Recalculate" to calculate your total after-tax income and monthly expenses.
- Use the "Proposed" column to plan the best use of your resources.
Disclaimer:
This calculator was prepared as a general guide only and is not intended to provide or replace professional investment or tax advice.For your own specific situation, please consult your own tax and investment advisors.The values illustrated in this calculator are not guaranteed.They are based on numerous assumptions that are certain to change and are neither an estimate nor a guarantee of future performance.Actual results will vary over time and may differ from the example provided.
Budget Planner
Managing your monthly cash flow for greater financial security
Budget Planner
Managing your monthly cash flow for greater financial security
Savings Calculator — calculate future value
This calculator easily answers the question "If I save "X" amount for "Y" months what will the value be at the end?"
The user enters the "Periodic Savings Amount" (amount saved or invested every month); the "Number of Months" and the "Annual Interest Rate" or the annual rate of return one expects to earn on their investments.
The calculator quickly creates a savings schedule and a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
The investment term is always expressed in months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
If you need a more advanced "Savings Calculator" - one that lets the user solve for the starting amount, the amount to invest, the interest rate, the term required to reach a goal or the future value; or if you would like to easily print the schedule; or if you need to pick a different investment frequency, then you may want to try the calculator located here: https://AccurateCalculators.com/savings-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.