What are you worth today? What will you be worth in the future?
America Saves "Personal Wealth Estimator" is a two-part financial calculator. In the first part, you can determine your current net worth. If you wish, you can then proceed to the second part of the Estimator to determine your future net worth, based on assumptions that you make about additional savings, interest rates, rates of return, and other factors.
PLEASE READ THIS: Keep in mind that the Estimator is just that. Unknowable stock yields and other variable factors mean that future net worth calculations are only estimates.
PART 1: ESTIMATING YOUR CURRENT NET WORTH
Please supply the following information in order to estimate your current net worth:
Nichelle Johnson, a single mom with two teenage children, knows what it’s like to stretch a dollar. When she moved back to Virginia Beach in 2008, she provided for her family with just a part-time library position.
You will not believe what it took to completely change my life. About three years ago, the HR Administrator of the corporation where I worked (as a temp with no benefits) forwarded an email to me. Fifteen seconds. One small act of kindness. That's it - that's all it took!
Quaneka Willis, a single mother of three children, was receiving rental assistance through the Housing Authority of the City of Milwaukee when she decided to take control of her finances. So, in September of 2013 she attended the Make Your Money Talk program and pledged as a Wisconsin Saver. In less than 12 months, she had maximized her savings and was beginning the process of purchasing her first home.