When Does One Plus One Equal More Than Two? Investment Growth Calculators
If you are fifty years old or older, you may remember the slide rule and pencil in math class; if you are younger than that, you probably had the advantage of being able to use a calculator in your high school courses. Either way, the results are what mattered, and when you use investment growth calculators, the results matter even more than they did in Algebra.
That is because investment growth calculators are tools that do better than tell you the value of some arbitrary X. Investment growth calculators show you, in very real terms, and usually with pretty graphs, charts, or tables, how your investment dollars will multiply under certain conditions.
Basically, although they cannot determine the actual performance of, say, stocks, for example (now that would really be an amazing tool!), they can provide you valuable information about how your finances may grow with certain assumptions.
Lets say, for example, that you are now thirty-five years old. You think the government is crazy when it says that seventy is considered retirement age, and you want to be able to grab the golf...