I’ve been investing with Tom Cloud since 1999. Tom’s service & advice has been a tremendous blessing to me and my family.
The assests that I’ve purchased have grown more than 300% during a time the broader stock market is still down from its highs in 2000 & 2008.
I count Tom amongst the finest business men I’ve ever worked with, he’s demonstrated strong integrity & wisdom over the 13 years we’ve worked together.
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