Free Personal Finance Calculators

Free Personal Finance Calculators

Personal finance is a bit of an avocation. I have from time to time done some analyses which have been helpful to me and others.

In this page are seven calculators which I hope you will find useful. The first looks at various options open to a US investor and looks at how one after tax dollar grows over time. The second page looks at credit card debt. The third compares 401-K loans to bank Loans. A fourth page looks at optimal bond+stock portfolios. The fifth page provides marginal tax rates in the US. Recently I have enrolled for the CFA (Chartered Financial Analyst) study program and have now cleared all three levels. The sixth page contains an analysis of the minimum passing score (MPS) for CFA level 3 candidates. The seventh page evaluates the relative value of gifting versus bequeathing excess assets.

Below is an artwork based on a incorrect formula I once used on an undergraduate physics exam. Now three graduate programs later I think I may be a little smarter and you probably should rely on my calculators. Quantitative skills are my forte and I am reasonably confident about the correctness of my calculations. However I would advise you to consult a real personal finance expert before any critical major decisions.