Online financial planning tools are getting more personal. Plenty of Web sites crank out cookie-cutter plans, but three recent entrants give users more detailed advice. People may delay planning for retirement because the task seems so daunting, though, tabulating the amount you need to save can be easy with some online tools.
Here are some of the most useful financial planning tools that can help you understand and take control of your finances. While compiling this list, it’s always a possibility that I missed some other great resources. Feel free to share it with us. You may be interested in the following posts: Free Responsive HTML5 Templates, WordPress Navigation Widgets and Elegant WordPress Free Themes.
2. Lifetime Income Calculator
Lifetime Income Calculator is similar to the tools above, but a few of its features make it unique. It allows you to “estimate monthly lifetime income streams based on both the participant’s current account balance and on the projected value of the account balance at retirement.
ESPlannerBASIC suggests how much you should spend, save, and insure each year to achieve a stable living standard, now and through retirement, without borrowing. ESPlannerBASIC can help you raise your spending power and make lifestyle decisions.
4. Coffee Budget Calculator
The Coffee Budget Calculator shows you your coffee expenses, based on your coffee consumption, where you buy your coffee, or whether your brew you own.
5. Life Insurance Needs Calculator
If you’re interested in using life insurance to make sure your loved ones are financially secure in case something happens to you, the Life Insurance Needs Calculator helps you determine how much coverage you ought to have.