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 your future investment’s potential, today! Discover the incredible power of compound interest and how it can help you reach your financial goals with our custom investment calculator. See why Einstein called compound interest the 8th wonder of the world.
*The ASX Index has generated an 9.2% annualised return since 1993. Source Vanguard Index Chart 2023
FIRE (Financial Independence Retire Early) Calculator
Have you ever wondered how much you need to retire? Or when you can retire? Then this FIRE Calculator is for you.
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 your very own FIRE number. Combine with the investment calculator to help develop your investment plan.
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.
