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Planning calculators

Discussion in 'Superannuation, SMSF & Personal Insurance' started by hutch27, 24th Nov, 2007.

  1. hutch27

    hutch27 Member

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    Jerrabomberra,NSW
    Post number 3!
    I would like to tinker with some calculators for super salary-sacrificing and also some forecasting calculators with inputs for yield, interest rate etc. for future value of money. Yes I am too lazy to punch figures through a calculator - I actually like the idea of comparing spreadsheets/scenarios/outcomes.
    Cheers.
     
  2. Billv

    Billv Getting there

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    Sydney, NSW
    Hutch

    I haven't seen any spreadsheets like that.

    Check these out, perhaps you can change one of them to suit your situation.
    http://www.invested.com.au/83/

    Sallary sacrifice is most affective as you approach retirement age.
     
  3. AsxBroker

    AsxBroker Well-Known Member

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    Hi Hutch,

    Personally I'd stay away from those sorts of calculators. Many different websites from super funds have many different assumptions so they come out with very different results. I would only suggest using calculators on the ASIC website if there are any, otherwise you'd be best off using an excel spreadsheet.

    Cheers,

    Dan
     
  4. hutch27

    hutch27 Member

    Joined:
    24th Nov, 2007
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    Location:
    Jerrabomberra,NSW
    Thanks Bill - I will check those out.
    Same goes Dan - I know what you mean about website calculators - most use variables which slant positively towards their product. I haven't looked at ASIC's for a while, I will check there. What I did have in mind was a spreadsheet that someone may have put together. I might have to have a crack at building one myself.
    Cheers
    Tim