In yesterday's blog we looked at 3 major life calculators:
1. LIFE EXPECTANCY CALCULATOR
2. LIFE PURPOSE CALCULATOR
3. EVERYTHING CALCULATOR
As promised, today I am bringing you a few more calculators to help you through your Baby Boomer life decisions.
I found these on the GrandView Financial Group website.
Kudos to them for having the creativity and foresight to offer these tools to anyone looking for help with their financial questions.
GFG is a full-service financial firm dedicated to helping their clients build wealth and protect their hard-earned assets.
They recommend only those products and services that can be tailored to suit their clients' unique needs.
Their firm is always ready to offer ongoing financial experience & knowledge whenever you need it, whether or not you are ready to invest.
This calculator is designed to help you attach a dollar figure to your life’s work.
Many people have the potential to earn a small fortune during their working years.
Yet some are unaware of how their annual income adds up over the years.
This calculator, designed to help you estimate how much you may earn before you retire, could surprise you.
This Cash Flow Analysis form will help you weigh your income vs. your expenses.
Businesses generate a "sources and uses of cash" statement to evaluate their income and expenses and to check profitability.
Similarly, a cash flow statement can help you evaluate your personal income and expenses and see if you are operating "in the red" or "in the black" each month.
This calculator is designed to help you clarify your comfort level with investment risk.
On your way home from work, do you drive in the slow lane or the fast lane?
Each person has a different propensity for risk.
When investing, this risk propensity may be used to help assess your asset allocation.
The following questionnaire may help determine your risk tolerance.
Will you be able to afford nursing home care?
There are basically two approaches when considering your long-term care needs: self-insure or purchase long-term care insurance.
Use this calculator to determine your potential long-term care needs and how long your current assets might last.
Although Americans have reduced their personal debt levels in recent years, some credit card balances remain high.
Additional monthly payments may make a difference and accelerate the payoff of your outstanding credit card debt.
The more Baby Boomers we can help the better place we make this world !!!
Thanks for joining me..........................................................