These are my all-time favorite online calculators for different things. Remember, calculators are only as good as the information you put into them, that is especially true for retirement calculators.
When using the WSJ retirement calculator, make sure you think about what your retirement burn rate might be, what other income you might have during retirement (such as social security… use calculator number 2 to help with that).
1. All types of calculators:
- simple calculators for quick estimates and rough ideas of numbers: http://www.bankrate.com/calculators.aspx
- for more complicated calculators that require more detailed inputs try: http://financialmentor.com/calculator
2. Social Security Benefit Estimator:
3. Deciding whether to lease or buy a car:
- For deciding whether to lease or buy: http://financialmentor.com/calculator/lease-vs-buy-car-calculator/
- For AUTO PRICING: try www.intellichoice.com
4. To figure out what you will need to RETIRE and how to get there:
- I advise you to use a detailed calculator like this one. A simple could give you a huge number with no detailed explanation that can overwhelm you. http://www3.prudential.com/SmartMoney/retirement/intro.html
5. Savings – I think simple is better here:
6. Debt snowballing or paydown:
- Once again, financial mentor. http://financialmentor.com/calculator/debt-snowball-calculator
- Mortgage Calculator Online:http://www.mortgagecalculator.org/
- Extra payment calculator: http://www.mortgagecalculatorsplus.com/calc-additionalpayment.php