| Generic
Savings Calculator |
| This
calculator will show you how much you'll save over the course of your lifetime
when permanently switching from any given high priced buying habit (name brand)
to its functional, less expensive equivalent (generic). Plus, it will also show
you how much interest you could earn if you were to invest all or part of those
savings as you realized them. As you're about to see, "a penny saved" can REALLY
ADD UP! NOTE:
Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be
sure that only numbers and decimal points are entered into the fields (dollar
signs and other non-numeric characters will cause a JavaScript error). |
| Enter your
current age: |
|
| Enter
the age you plan on retiring at: |
|
| Enter
the age you expect to live until: |
|
| Enter
the price you are currently paying for a higher priced name-brand product or service: |
|
| Enter
the price of a lower-priced functional equivalent (generic): |
|
| Enter
the number times you purchase this item per month: |
|
|
|
| Savings
Per... |
| Enter the average
annual interest rate you might expect to earn if you were to deposit these savings
into an investment as they were realized: |
|
|
|
| This
is how much your investment will be worth at retirement age: |
|
| This
is how much you would be able to withdraw from your investment during each month
of your expected retirement: |
|
| This
is the total future value of your invested savings between now and your life expectancy:
|
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Today is:
