How much money is enough? A simple savings calculator is a priceless tool that almost magically and instantly reveals the future value of your investment accounts; it can help you answer that million dollar question of how much money is enough.
As a money coach, my work begins with getting clear about what you want your money to do, and the lifestyle you want to have; these are your life goals. Then we assign dollar amounts and time frames to each of these goals. Next, we look at the future value of the amounts you have now using my savings calculator.
A few assumptions have to be made…like, how much you’ll earn on your investment accounts. But what happens when you focus on this number? You become engagingly challenged to make that number higher!
What does that look like?
- Measuring the performance of your investment accounts
- Evaluating that performance
- Brainstorming ways to make the performance better
- Learning what you need to learn to be proactive
- Taking action to make a better return on your money
What’s the end result of this effort? It’s reaching your life goals. And that’s worth our attention!
Follow the simple directions that I’ve put for you on the page to enter your own numbers. (Don’t worry, I’m not watching you:) Play with your numbers. Get excited. If you feel deflated, then ask yourself what you can do to get the numbers you want.
And how much money is enough? Only you can answer that question, but here’s what I think… Enough money is what it takes for you to reach your life goals and live well with joy along the way.
Now go play with the Savings Calculator I created for you to guide you with your life and money goals.