Wisdom and Resources from Brown Family Wealth Advisors
Savings and Investments
Asset allocation is designed to help you create a balanced portfolio of investments. Your age, ability to tolerate risk and several other factors are used to calculate a desirable mix of stocks, bonds and cash. The calculated asset allocation is a great place to start your analysis in building a balanced portfolio.
Reducing your spending can be worth more than you might think. Use this calculator to see just how much your budget reductions may be worth, if you were to invest them.
Having adequate cash flow is essential to keep your business running. If you run out of available cash, you run the risk of not being able to meet your current obligations such as your payroll, accounts payable and loan payments. Use this calculator to help you determine the cash flow generated by your business.
Use this calculator to find out how much interest you can earn on a certificate of deposit (CD).
Saving for your children's education requires a long-term plan. And, like saving for retirement, the earlier you start your plan the better. Use this calculator to help develop or fine-tune your education savings plan.
How interest is calculated can greatly affect your savings. The more often interest is compounded, or added to your account, the more you earn.
Consistent investments over a number of years can be an effective strategy to accumulate wealth. Even small additions to your savings add up over time. This calculator demonstrates how to put this savings strategy to work for you.
Waiting to begin your savings plan may have an important impact on your results. A delay of even a few years could cost thousands of dollars. This calculator helps show you how much postponing your savings plan may really cost.
Having adequate emergency savings can make unforeseen unemployment, auto repairs, medical emergencies, property damage and even legal issues more manageable. With adequate emergency savings, you can focus on how to best meet your family's needs, rather than worrying about finding the money to handle these difficult situations.
This calculator helps you determine either how large or how long periodic distributions can be taken out of an investment before it runs out.
What will it take to reach your investment goal? Use this investment goal calculator to determine how much your investment might grow before taxes, after taxes and after taxes and inflation.
Meeting your long-term investment goal is dependent on a number of factors. This not only includes your investment capital and rate of return, but inflation, taxes and your time horizon. This calculator helps you sort through these factors and determine your bottom line
This calculator will estimate the tax-equivalent yield (TEY) for a municipal bond.
Recovering from a devastating investment loss takes both time and very often new contributions. Even a very large investment loss can be recouped if you are able to leave your money invested and begin adding new money. This calculator helps you determine what it might take to regroup, rebuild and regrow after such an investment loss.
The value of your savings can be affected by both taxes and inflation. Use this calculator to determine how much your savings will be worth with this in mind.
This calculator is designed to help compare a normal taxable investment to two common tax-advantaged situations: An investment where taxes are deferred until withdrawals are made, and an investment where taxes are paid on money that goes into the account, but all withdrawals are tax free.
Loans
Enter your desired payment - and let us calculate your loan amount. Or enter in the loan amount, and we will calculate your monthly payment. You can then examine your principal balances by payment, total of all payments made and total interest paid. Press the "Report" button to see a monthly payment schedule.
Use this calculator to generate an estimated amortization schedule for your current mortgage.
Determining which loan provides you with the best value involves more than simply comparing monthly payments. Use this calculator to sort through the monthly payments, fees and other costs associated with getting a new loan
The student loan consolidation and debt payoff calculator applies two simple principles to paying off high-interest debt: Consolidating your existing student loans, and using your extra cash every month to pay off your higher interest debt sooner
Personal Finance
Use this calculator to assess your credit. After entering your information, your credit is assessed as "Good," "Fair" or "Needs Improvement."
Managing your monthly budget can be difficult and frustrating. One of the most important aspects of controlling your budget is to determine where your money is going. This calculator helps you do just that.
Your net worth is the value of all of your assets minus the total of all of your liabilities. Put another way, it is what you own minus what you owe.
This calculator is designed to help you see the financial impact of adding, or removing, a spouse's income to your household.
Use this calculator to help analyze your budget as a full-time student. This calculator is specifically designed to help students understand their expenses and income while attending a university, college or other full-time educational institution.
Taxes
Estate tax planning is very important to preserving your wealth for future generations. Knowing your potential estate tax liability is a great place to start your estate tax plan. Use this calculator to project the value of your estate, and the associated estate tax, for the next 10 years.
Use this calculator to estimate your self-employment taxes. Normally these taxes are withheld by your employer. However, if you are self-employed, operate a farm or are a church employee you may owe self-employment taxes.
Knowing your income tax rate can help you calculate your tax liability for unexpected income, retirement planning or investment income. This calculator helps you estimate your average tax rate, your tax bracket, and your marginal tax rate for the current tax year.
Retirement
A 401(k) can be one of your best tools for creating a secure retirement. It provides you with two important advantages. First, all contributions and earnings to your 401(k) are tax-deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Second, many employers provide matching contributions to your 401(k) account.
There are several ways to manage your 401(k) balance when you leave an employer. The most fundamental of which is should you spend it or save it? Depending on your age and tax bracket, making the wrong decision can cost you thousands of dollars both in taxes and lost earnings
403(b) plans are only available for employees of certain nonprofit tax-exempt organizations: 501c(3) corps, including colleges, universities, schools, hospitals, etc. If you are an employee of one of these organizations, a 403(b) can be one of your best tools for creating a secure retirement.
If you own company stock in a retirement plan, you may be able to take advantage of the long-term capital gains tax rate rather than your ordinary income tax rate on this investment. If you take an in-kind distribution of your employer's company stock from your retirement plan to a taxable investment account, you may be able to take advantage of a special set of rules that allow you to pay only capital gains taxes on a significant portion of the distribution.
How would losing your Social Security benefits affect your retirement? Use this calculator to determine how losing this important retirement asset could affect you. Click the report button to see your retirement savings with and without Social Security benefits.
Do you know how much it takes to create a secure retirement? Use this calculator to help determine what size your retirement nest egg should be.
The IRS requires that you withdraw at least a minimum amount - known as a required minimum distribution (RMD) - from some types of retirement accounts annually, starting the year you turn age 70-1/2. Determining how much you are required to withdraw is an important issue in retirement planning. Use this calculator to determine your required minimum distributions.
Use this calculator to see how increasing your contributions to a 401(k), 403(b) or 457 plan can affect your paycheck as well as your retirement savings. This calculator uses the 2016 withholding schedules, rules and rates (IRS Publication 15).
Use this calculator to determine how much monthly income your retirement savings may provide you in your retirement. Your annual savings, expected rate of return and your current age all have an impact on your retirement's monthly income.
Withdrawing money from a qualified retirement plan, such as a traditional IRA, 401(k) or 403(b) plan, among others, can create a sizable tax obligation. If you are under 59 1/2, you may also be subject to a 10% early withdrawal penalty. Use this calculator to see what your net withdrawal would be after taxes and penalties are taken into account.
Do you know what it takes to work toward a secure retirement? Use this calculator to help you create your retirement plan.
A 401(k) contribution can be an effective retirement tool. Since January 2006, there has been a new type of 401(k) - the Roth 401(k). The Roth 401(k) allows you to contribute to your 401(k) account on an after-tax basis - and pay no taxes on qualifying distributions when the money is withdrawn.
Starting in 2010, all IRA owners and participants in eligible employer-sponsored plans, regardless of income level, are eligible to convert their traditional IRA and pre-tax funds in an employer-sponsored plan [401(a)/(k), 403(b) and governmental 457(b)] to a Roth IRA. Is this a good option for you?
Creating a Roth IRA can make a big difference in your retirement savings. There is no tax deduction for contributions made to a Roth IRA, however all future earnings are sheltered from taxes, under current tax laws. The Roth IRA can provide truly tax-free growth.
​An IRA can be an effective retirement tool. There are two basic types of individual retirement accounts (IRA): the Roth IRA and the traditional IRA. Use this tool to determine which IRA may be right for you. Please note that this calculator should not be used for Roth 401(k) comparisons.
Do you wonder how much you might receive in Social Security? Use this calculator to help you estimate your Social Security benefits. Remember, this is only an estimate. Your actual benefits may vary depending on your actual work history and income.
Contributing to a traditional IRA can create a current tax deduction, plus it provides for tax-deferred growth. While long-term savings in a Roth IRA may produce better after-tax returns, a traditional IRA may be an excellent alternative if you qualify for the tax deduction.
Mortgages
Determining which mortgage term is right for you can be a challenge. With a shorter 15-year mortgage, you will pay significantly less interest than a 30-year mortgage - but only if you can afford the higher monthly payment.
Use this calculator to determine the home equity line of credit amount you may qualify to receive. The line of credit is based on a percentage of the value of your home. The more your home is worth, the larger the line of credit.
Use this calculator to generate an estimated amortization schedule for your current mortgage. Quickly see how much interest you could pay and your estimated principal balances.
​How much interest can you save by increasing your mortgage payment? The mortgage payoff calculator helps you find out.
How long will it take to break even on a mortgage refinance? Use the mortgage refinance calculator to sort through a multitude of factors including your current interest rate, the new potential rate, closing costs and how long you plan to stay in your home.
Insurance
How much life insurance do you need? This comprehensive life insurance calculator includes detailed net worth analysis, budgeting and college savings to help you decide how much life insurance you might need.
One of the most common causes of income loss is through a disability. While most disabilities cause only temporary loss of income, any income loss can be devastating if you are not financially prepared. This calculator helps you determine how much disability insurance you may need to cover expenses during such a disability.
How much life insurance do you need? Enter your current assets, expense and income. You can also adjust the inflation rate and your expected rate of return to see how these variables can impact your insurance needs
The need for long-term care can arise unexpectedly, often creating a large financial burden. This calculator can help you determine if you are financially prepared for this impending expense.
The SAFE Act restricts Financial Advisors from engaging in conversations with clients concerning any mortgage lending application. Substantive conversations concerning mortgage lending products must include a NMLS licensed RJ Bank representative. Financial Advisors can find additional resources concerning the SAFE Act The SAFE Act restricts Financial Advisors from engaging in conversations with clients concerning any mortgage lending application. Substantive conversations concerning mortgage lending products must include a NMLS licensed RJ Bank representative. Financial Advisors can find additional resources concerning the SAFE Act here.
The calculators are intended for financial planning and running scenarios only. Results do not constitute a recommendation or referral on behalf of Raymond James nor do they guarantee the approval of terms of any lending product from an affiliate of Raymond James, including Raymond James Bank, N.A