Generic Brand Savings


This calculator will show you how much you'll save over the course of your lifetime when permanently switching from any given high priced buying habit (name brand) to its functional, less expensive equivalent (generic). Plus, it will also show you how much interest you could earn if you were to invest all or part of those savings as you realized them. As you're about to see, "a penny saved" can REALLY ADD UP!

This is a hypothetical example used for illustrative purposes only and does not represent the return of any specific investment. Actual rates of return will vary over time; particularly for long-term investments.

 

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields (dollar signs and other non-numeric characters will cause a JavaScript error).

 

 

 

 

 

 

 

 

 

 

http://draketechnologies.com/qAceCivale/customImages/Titlecalculators.gif (5594 bytes) 

TAX
  Tax Estimator

BORROWING
  Loan Amortization
  Loan Comparison
  Missing Loan Term
  Debt  Consolidation

INVESTMENT
  Portfolio Mix
  Compounding Interval
  Single Future Value
  Periodic Future Value
  Savings Time
  Savings Goal
  Lump Sum Savings
  Retirement Savings
  IRA Distributions
  College Funding

MORTGAGE
  Mortgage Qualification
  Bi-Weekly Mortgage
  Mortgage Refinancing
  Payoff Goal
  Rent vs. Buy

BUDGETING
  Net Worth
  Cash Flow
  Expense Percentage
  Wage Conversion
  Irregular Payments
  Credit Card Payment
  Debt Investment
  Average Interest Rate
  Real Hourly Wage
  Lifetime Earnings
  Generic Savings
  Car Cost Comparison
  Transportation Savings

 

Enter your current age

 

Enter your planned retirement age
Enter your life expectancy (in years)
Enter the price you are currently paying for a higher priced name-brand product or service:
Enter the price of a lower-priced functional equivalent (generic):
Enter the number times you purchase this item per month:
 

 

Savings Per...
Purchase Month Year Retire Lifetime
 

Enter the average annual interest rate you might
expect to earn if you were to deposit these savings into an investment as they were realized:

 

 

 

This is how much your investment will be worth at retirement age:
This is how much you would be able to withdraw from your investment during each month of your expected retirement:
This is the total future value of your invested savings between now and your life expectancy:
 

Copyright 1998-2001 Daniel C. Peterson, All Rights Reserved