Personal Finance Calculators

Financial Advice

Personal finance was a bit of an avocation and is now something I coach and teach others as a part-time fee-based financial adviser. I do not manage investments (I will advise and recommend action) for those I counsel and my income is solely through hourly consulting fees and not based either on commissions from third parties for recommendations/transactions. Mine is more of a ‘teach a person to fish’ approach rather than a ‘feed a person a fish’ approach. You will learn to independently make choices and carry them through, now and in the future, rather than outsourcing your personal finance and staying dependent on experts.

If you would like a consultation please send me a note at or leave a message at 551-233-6768 with some details on what you would like to meet me about. My rate per session is $60. I allow deferred payment plans and I can provide my fee schedule on request for long term assistance on the management of your assets. I have a day job as an oncology bio-statistician and can accommodate about 4 to 8 financial advice sessions in a week and you can expect to meet me at a suitable public place (Public libraries, Cafes, Malls) or through Skype on weeknights or weekends. My qualifications include an MBA, completion of three levels of a chartered financial analyst program and a good number of years as a middle-class working stiff managing money, saving for retirement, paying the mortgage and saving for my children’s college, much like the rest of the 99%! I am now near financially independent with 10 years to Medicare.

I have from time to time done some excel calculators that have been helpful to me and others. On this page are eight calculators in three tabs, which I hope you will find useful. Hyperlinks provided here to all the pages and tabs may help the user navigate to these pages on smaller devices more easily than through the drop-down menu.

The first tab on investments has a page listing various retirement account and similar options open to a US investor and looks at how one after-tax dollar grows over time for each of these options. The second looks at investments outside retirement accounts. Another looks at optimal bond+stock portfolios.  A fourth page looks at volatility and Investment time frames.

The second tabbed section helps with money and taxes. It has a page on credit card debt, one comparing 401-K loans to bank Loans, a page evaluating the relative value of gifting versus bequeathing excess assets, one on assessing income after tax and pre-tax deductions and essentials, one looking at “How expensive a home one could buy?” , and one providing marginal tax rates in the US.

Most of the calculators listed above are tied in through a series of lectures on personal finance at this page. The first is titled “Personal Finance for the Young or helpful advice Older Adults can offer Young People”. The second is titled “Personal Finance for the Working Stiff” and  the third flips the title of the first and goes “Personal Finance for the Old and Helpful Advice Younger People can offer the Old.

I have completed the CFA (Chartered Financial Analyst) study program and have cleared all three levels. The third tab contains an analysis of the minimum passing score (MPS) for CFA level 3 candidates.