Net worth
Total assets minus total liabilities.
Method notes
Methodology and formula notes.
Every calculator applies a disclosed formula to information and assumptions entered by the visitor. Inputs are not independently verified.
Monthly cash flow
Monthly income minus essential and other monthly expenses.
Debt-payment-to-income ratio
Monthly debt payments divided by gross monthly income, multiplied by 100. No lender standard is applied.
Savings rate
Monthly amount saved divided by the visitor-entered income figure, multiplied by 100.
Liquid-reserve months
Visitor-entered liquid funds divided by essential monthly expenses. No target is selected.
Compound growth
Starting balance is compounded monthly at the entered hypothetical annual rate; contributions occur at month-end.
Budget
Fixed plus variable expenses equals spending. Planned outflow also includes entered savings. Income minus planned outflow equals the cash difference.
Housing
Principal and interest use the standard fixed-rate amortization formula. Entered taxes and insurance are divided by 12; HOA and mortgage insurance are added separately.
College
Costs are inflated to modeled payment years and converted to enrollment-date value using the entered during-college rate. Savings and costs are compared at the same date.
Retirement
Savings accumulate with year-end contributions. The retirement-date value of the entered growing withdrawal stream uses a growing ordinary-annuity calculation.
Important omissions
Calculations may omit taxes, fees, laws, product rules, timing differences, sequence risk, market variability, maintenance, utilities, closing costs, Social Security, pensions, and personal circumstances not entered. Currency outputs are nominal and displayed values may be rounded while calculations use greater internal precision.