Dunham & Associates When Performance Counts
 
Financial Calculators
 
Planning For The Future
 
Dunham & Associates Investment Counsel, Inc. is pleased to provide the following information and interactive calculators which are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical, and do not represent the actual performance of any particular investment and are for illustrative purposes only. We encourage you to seek personalized advice from qualified professionals regarding all personal financial issues.
 
Retirement Savings And Planning
 
401(k) Savings Calculator - A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 401(k) are tax deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 401(k) account which can range from 0% to 100% of your contributions. The combined result is a retirement savings plan you cannot afford to pass up.

401(k) Spend It or Save It Calculator - There are several ways to manage your 401(k) balance when you leave an employer. The most fundamental of which is should you spend it or save it? Depending on your age and tax bracket, making the wrong decision can cost you thousands of dollars both in taxes and lost earnings. This calculator helps illustrate the difference.

72(t) Calculator: Early withdrawals from retirement accounts calculator - The Internal Revenue Code sections 72(t) and 72(q) allow for penalty-free early withdrawals from retirement accounts. These sections allow you to begin receiving money from your retirement accounts before you turn age 59 1/2 without the normal 10% premature distribution penalty. Use this calculator to determine your allowable 72(t)/(q) distribution and how it can help fund your early retirement. The IRS rules regarding 72(t)/(q) distributions are complex. Please consult a qualified professional when making decisions about your personal finances. Please note that your financial institution may or may not support all the methods displayed via this calculator.

Company Stock Distribution Analysis Calculator - If you own company stock in a retirement plan, you may be able to take advantage of using the long-term capital gains tax rate rather than your ordinary income tax rate on this investment. Normally, all earnings withdrawn from a retirement plan are taxed as ordinary income, at ordinary income tax rates. However, if you roll over your employer's company stock from your retirement plan to a taxable investment account, you may be able to take advantage of a special set of rules that allow you to pay only capital gains taxes on a significant portion of the distribution. Use this calculator to see how such a transfer might benefit your retirement nest egg.

How Important is The Social Security Calculator - How will losing your Social Security benefits affect your retirement? Use this calculator to determine how losing this important retirement asset could affect you. Click the report button to see your retirement savings with and without Social Security benefits.

Retirement Income - Use this calculator to help determine how much monthly income your retirement savings may provide in your retirement. Your annual savings, expected rate of return and current age all have an impact on your monthly retirement income. View the full report to see a year-by-year breakdown of your retirement savings.

Required Minimum Distribution Calculator - The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your retirement accounts annually; starting the year you turn age 70 1/2. Determining how much you are required to withdraw is an important issue in retirement planning. Use this calculator to determine your Required Minimum Distributions.

Retirement Planner - Many clients do not know what it may take to work towards a secure retirement. Use this calculator to help you create your retirement plan. View your retirement savings balance and your withdrawals for each year until the end of your retirement. Social Security is calculated on a sliding scale based on your income. Including a non-working spouse in your plan increases your social security benefits up to, but not over, the maximum. Quickly determine if your retirement plan is on track - and gain insight to help keep it there.

Retirement Pension Planner - Do you know what it takes to work towards a secure retirement? Use this calculator to help you create your retirement plan. View your retirement savings balance and your withdrawals for each year until the end of your retirement. Social Security is calculated on a sliding scale based on your income. Including a non-working spouse in your plan increases your social security benefits up to, but not over, the maximum.

Retirement Shortfall - One of the biggest risks to a comfortable retirement is running out of money too soon. This calculator helps you determine your projected shortfall or surplus at retirement. You can also see just how long your current retirement savings will last. If the results project a shortfall, you might need to save more, earn a better rate of return, or possibly delay your retirement. Use this calculator to help find a potential shortfall in your current retirement savings plan.

Roth IRA Calculator - Creating a Roth IRA can make a big difference in your retirement savings. There is no tax deduction for contributions made to a Roth IRA, however all future earnings may be sheltered from taxes. The Roth IRA provides tax-free growth. Use this calculator to help compare the Roth IRA to an ordinary taxable investment.

Roth IRA Conversion - In 1997, the Roth IRA was introduced. Since then, many people have converted all or a portion of their existing Traditional IRAs to Roth IRAs, where interest earned may be completely tax-free. Is this a good option for you? A conversion has both advantages and disadvantages that should be carefully considered before a decision is made. This calculator estimates the change in total net-worth, at retirement, if you convert your Traditional IRA into a Roth IRA.

Roth vs. Traditional IRA - An IRA can be an effective retirement tool. Use this tool to determine which IRA may be right for you.
 
Mortgage Calculators
 
Mortgage Loan Calculator - Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay, and your principal balances. This calculator also allows you to enter your estimated insurance and property taxes.
 
Savings Calculators
 
College Savings Plan - Saving for your children's education requires a long-term plan. And, like saving for retirement, the earlier you start, the better. Use this calculator to help develop or fine-tune your education savings plan.

Life Expectancy - How much you need for retirement depends a great deal on how long you live, and can be estimated based on life expectancy. This calculator can give you an idea of your life expectancy based on your current age, smoking habits, gender and several other important lifestyle choices.

Net Worth - In general, your net worth is the value of all of your assets, minus the total of all of your liabilities. Put another way, it is what you own minus what you owe. If you own more than you owe, you will have a positive net worth, and vice versa. This calculator helps you determine your net worth. It also estimates how your net worth could grow (or shrink!) over the next ten years.

Savings, Taxes, & Inflation Calculator - The value of your savings can be affected by both inflation and taxes. Use this calculator to determine how much your savings will be worth with these two important variables in mind.

Student Budget - Use this calculator to help analyze your budget as a full-time student. This calculator is specifically designed to help students understand their expenses and income while attending a university, college or other full-time educational institution. This calculator allows you to input your expenses and income for an eight-month school year running from September through April.
 
Auto Calculators
 
Buy Or Lease Your Next Car? - Should you lease or buy your next car? Use this calculator to find out! Calculate your monthly payments and your total net cost. By comparing these amounts, you can determine which is best for you.


 
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