Monitor Money's Financial Planning Calculators

Calculator 1. Investment Healthcheck

Is your investment strategy working for you? Your returns will be affected by how well your investment portfolio is managed. Your investment portfolio can include things like fixed term deposits, managed fund investments, shares, investment properties and so on. How well you manage your investment portfolio and even the kinds of assets you own, will make a significant impact on the long-term results that you will achieve. Without writing a financial plan that specifically assesses your financial situation, it is difficult to assess how you should manage your financial situation. The Investment Healthcheck, however, is a great place to start identifying some of the issues your Monitor Money Financial Planner will consider when developing your financial plan.

To start taking the Monitor Money Investment Healthcheck, click here.

Calculator 2. When can I afford to retire?

With the compulsory superannuation environment in Australia, saving for your retirement automatically happens but will it be enough to retire on? When you start saving and how you use superannuation will significantly impact on the funds available to you when you leave the workplace. You need to tailor your superannuation and investment strategy (as well as the tax issues) to reflect your personal goals. Without writing a financial plan that specifically assess your situation, it is difficult for us to answer the question "can you afford to retire?". The retirement calculator will allow you to identify some of the key issues your Monitor Money financial planner will need to consider when developing your financial plan.

To start using Monitor Money's retirement calculator, click here.


Calculator 3. Super Calculator

Find out how long your superannuation savings will last. Use our calculator to see if you have enough superannuation saved to finance your retirement lifestyle.

To start using the Super calculator, click here.


Calculator 4. Education Calculator

You know that sending a child to school could put a strain on your finances and you need to plan ahead – it's never too soon to start saving.

To start using the Education calculator, click here.


Calculator 5. Insurance Calculator

Insurance won't protect your family from any emotional trauma but it can reduce future stress by easing financial difficulties. Use the following calculator to help you evaluate your position, and with the assistance of your planner, decide on what course of action is appropriate for you.

To start using the Insurance calculator, click here.


Calculator 6. Matching my needs to a financial planner

Every individual has their own financial goals and aspirations. A Monitor Money financial planner can assist you to realise your goals and help you make sense of investment, superannuation, retirement, taxation, insurance and estate planning. It has come to our attention that there are a number of "myths" about what financial planning is. That is why we have produced a free booklet called "Myths of financial planning". To order the booklet and make an appointment with a financial planner, click here.

To use our free matching service to find a financial planner that is right for you, click here.