The JM Investments investment calculator shows how compound interest can increase your savings. The results are only estimates and the actual amounts may be higher or lower. JM Investments cannot predict other factors that may affect your decision such as changes in interest rates or annualised return of the stock market. This calculator should not be your sole source of information for making a financial decision.
Investment Calculator
See how compound interest works, today! Our investment calculator shows what a regular investment could grow to over time, and why Einstein called compound interest the 8th wonder of the world.
FIRE (Financial Independence Retire Early) Calculator
Have you ever wondered how much you need to retire? Or when you can retire? This FIRE calculator gives a rough guide.
This formula is based on the Trinity Study, the better-known name for a 1998 paper titled “Retirement Savings: Choosing a Withdrawal Rate that is Sustainable” published by three finance professors at Trinity University. The study led to what we now know as the 4% rule. Essentially, the theory behind the 4% rule holds that if your portfolio is invested in a mix of stocks and bonds, you’ll be able to withdraw 4% of the portfolio each year in retirement without ever running out of money.
Simply enter your estimated annual living expenses for retirement to get an estimated FIRE number. It is a general illustration only, not a recommendation.
This formula, known as the 25x rule, is an estimate of how much money you’ll need in total to safely rely on the 4% rule. However, that might not be the right rate for you. This calculator should not be your sole source of information for making a financial decision.
