MoneyFV provides calculators to help finance professionals and consumers with personal financial planning. We currently have three calculators available, a pension shortfall calculator, an investment goal calculator, and a savings calculator.
This calculator works out how much you should be saving towards your retirement. It will compare your current contributions to the amount required in order to reach your target income at retirement. You'll need to know the current value of your pension savings, your current contributions, your retirement age, and your target retirement income.
This calculator works out how much you need to save or invest in order to reach a target amount. You'll need to input your target amount, the term in years, and your rate of return or interest rate.
This calculator works out how much your lump-sum investment or regular savings will be worth in the future. You'll need to input your lump-sum and monthly contribution amount, the term in years, and the rate of return or interest rate that you expect to achieve.
The advanced versions of our calculators have more options and allow you to use your own assumptions.