Calculators
« Previous EntriesWhat Percent Are You?
Friday, August 24th, 2012Click on the graphic, which will take you to a WSJ landing page where you can enter your income and see where you rank in the whole “1%er scheme of things.” My wife and I have a long way to go before we are 1%ers.
A Comprehensive List of Retirement Planning Tools and Calculators
Thursday, July 26th, 2007Today’s Wall Street Journal Cranky Consumer column was about Calculating Your Retirement Nest Egg. They tested the following five online retirement calculators: Ballpark Estimate (ChoosetoSave.org) Retirability Check (Nationwide) – I profiled this calculator last October. AARP’s Calculator myPlan (Fidelity) – Only 5 questions myPlan Retirement Quick Check (Fidelity) – Takes 30 minutes! To their list, [...]
The Top 5 Reasons to Pay Off Your Mortgage?
Monday, May 14th, 2007Notice the question mark at the end of this post’s title. I found The Top 5 Reasons to Pay Off Your Mortgage via Debt Blitzkrieg. I found most of the five “reasons” to be quite weak. Here’s their top five reasons to pay off your mortgage along with my response: 1. It’s money in your [...]
How Would $4 Gas Affect Your Budget?
Friday, April 27th, 2007I was talking with my wife about how some people are predicting gasoline to go to $4 per gallon. She said, “Wow. That would cause us to make changes to our budget. Something would have to be cut.” She’s right. My wife drives a lot of miles and according to my calculator, gas at $4 [...]
JLP Responds – Interest-Only Mortgages
Monday, April 9th, 2007I’m a little behind on reading the comments to some of the posts over the last few days. DB of Debt Blitzkrieg left the following comment on my Interest-Only Mortgage Update post: On the other hand it would be interesting to see where you’d be if you paid off that mortgage in 25, 20, 15, [...]
How an Interest-Only Mortgage Works
Thursday, March 29th, 2007Let’s say you want to buy a house and will need to finance it with a $200,000 mortgage. You meet with a mortgage broker and they show you two loans: a 30-year fixed rate mortgage at 6.30% and a 30-year fixed rate mortgage with an interest-only period of 15 years (also at 6.30%). How do [...]
Check Out the Latest Dave Ramsey Poll
Wednesday, March 7th, 2007I found this interesting. Below is a snapshot of a recent poll on DaveRamsey.com: 81% of the pollsters think a 15-year mortgage is the best choice? Being that it is on the Dave Ramsey website, these results don’t really surprise me. And, I suppose if you are looking at just the amount of interest paid, [...]
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