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Our CEO, Mr Joshua Day gives his insight into why you should have a financial planner in your life. Over the years, Joshua has seen the undeniable difference in people who have sought financial advice, to those who have not. The fantastic results that have been obtained[...]
Are you looking to take your first step on the property ladder, but real estate prices are preventing you from buying a home in your dream location? Don't worry, you're not alone! The property market is booming in Australia, with CoreLogic data from January 2017 [...]
This calculator easily answers the question "Given the value of my current investments how much do I need to save each month to reach my retirement goal?"
The user enters their "Current Age", there expected "Retirement Age", the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn) and "Amount Desired At Retirement".
The calculator quickly calculates the required monthly investment amount and creates an investment schedule plus 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.
If you need a more advanced "Retirement Calculator" — one that calculates many more unknowns and one that calculates assuming retirement income and not a final lump sum then try the calculator located here: https:/financial-calculators.com/retirement-calculator
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Authorised Representative of Loankit/Finsure Group - Rep No. 466318; Authorised Representative of Spectrum Wealth Advisors Group - Rep No. 46007; Joshua Day is a member of the TPB (Tax Practitioners Board); Joshua Day is a Justice of the Peace