Tools & calculators

The calculators here are designed to assist you to get a better understanding of the various scenarios you need to consider in designing your financial plan. The calculators alone are not sufficient in development or implementation of any investment strategy.  You should seek professional financial advice.

These calculators can help you begin planning for your financial future. Simply by inputting some basic financial information and assumptions, you’ll take the first steps to meet important financial goals.

Please note that they cannot provide you with any final answers. The calculators allow you to perform “hypotheticals,” recalculating and generating new results for different inputs and assumptions. But they cannot take every assumption into account. They cannot consider all the information relevant to your needs, and they obviously don’t make decisions for you. For that, you will want to learn more about the issues after discussing with a financial professional. Using these tools and educating yourself on the workings of life insurance and other financial products can help you feel more comfortable and have meaningful conversation with such professionals.

How much life insurance do I need?
Planning to meet the financial needs of your survivors is one of the most important and fundamental steps in creating a sound financial plan for you and your family.
How long will my current life insurance proceeds last?
You may think that you are adequately insured in the event of your death. It may surprise how quickly the tax-free insurance proceeds may be depleted by your survivor income needs.
How Much Will I Need To Save For Retirement?
Retirement can be the saddest or happiest day of your life.
Are my current retirement savings sufficient?
One method of retirement planning is to project what you are currently saving and have already accumulated to see if you will have enough to meet your retirement objectives.
Becoming a millionaire
It may surprise you how quickly you can accumulate a million dollars.
How much should I save to reach my goal?
What are you saving for: a computer, car, boat, summer home, down payment?
How should I allocate my assets?
Over 90 percent of investment returns are determined by how investors allocate their assets versus security selection, market timing and other factors.*
How much should I be saving for college?
With college costs increasing at twice the rate of inflation, it is important to start saving early.
What is the impact of making extra payments on my debt?
Over the course of a loan amortization you will spend hundreds, thousands, and maybe even hundreds of thousands in interest.
What could my recurring (monthly) savings grow to?
Different factors can impact the growth of your savings over time such as the frequency of deposits and the rate of compounding.
The tools above were designed for you to conduct a basic self-assessment of your needs and are only meant to provide you with a rough estimate. For a more in-depth and overall analysis of your specific situation and needs, please contact a Financial Professional. These interactive calculators and tools are for educational use only and are not intended to provide financial, legal, investment, or tax advice. All examples are derived from inputs provided by you, are hypothetical and are for illustrative purposes. In addition, such information should not be relied upon as the only source of information. We encourage you to contact your financial professional regarding your personal situation. This information is supplied from sources we believe to be reliable, but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results. We recommend that you use this calculator as a guideline only and ultimately seek the guidance of an experienced professional. Your Thinking Hats FZCO or does not guarantee the accuracy of the calculations, results, explanations, nor applicability to your specific situation.