My working relationship with Tom Cloud & Cloud Resources Group, Inc. has spanned a 20 year period. The service & business relationship has always been one upmost priority. Tom is always very well-informed & knowledgeable about the current market situation and his customer service is exceptional. Anytime I have ever needed a re-sale of assets, Tom has always been quick and efficient in completing the process at a very honest & fair price. I trust Tom Cloud without hesitation because our relationship over the past 20 years has proven one of confidentiality, efficiency and honest business.
This calculator easily answers the question "Given the value of my current investments how much do I need to save each month to reach my retirement goal?"
The user enters their "Current Age", there expected "Retirement Age", the "Annual Interest Rate (ROI)" (annualized Return on Investment one expects to earn) and "Amount Desired At Retirement".
The calculator quickly calculates the required monthly investment amount and creates an investment schedule plus a set of charts that will help the user see the relationship between the amount invested and the return on the investment. The schedule can be copied and pasted to Excel, if desired.
If you need a more advanced "Retirement Calculator" — one that calculates many more unknowns and one that calculates assuming retirement income and not a final lump sum then try the calculator located here: https:/financial-calculators.com/retirement-calculator