Timothy Sumer

This video uses a free online TVM solver to determine a the future value of a savings annuity. ... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Retirement planning is crucial to ensure a comfortable and financially secure future. One of the essential aspects of this planning is knowing the balance of your savings annuity at retirement. A savings annuity is a type of investment plan in which you make regular payments for a specified period and, in return, receive a fixed amount at a later time. Calculating the balance of a savings annuity at retirement can be time-consuming and complicated. However, thanks to technology, you can use a free online TVM solver to simplify the process. TVM stands for time value of money and is a way to calculate the value of money over time. The TVM solver uses various factors such as the

This teaches you how to use the FV() Future Value function in excel in order to calculate how much a savings or retirement plan will be worth in so many years. This is a simple example and assumes annuity like payments. You will learn how to do this on an annual basis and then how to modify that to work for any number of deposits per year or period. If you want to follow along with the spreadsheet seen here or just to download that spreadsheet, check out the website and navigate to this tutorial: ... ( read more ) LEARN MORE ABOUT: Retirement Annuities REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing Saving for retirement is an important part of financial planning. When it comes to calculating the value of your savings or retirement plan , Excel’s FV() function is a great tool. With this function, you can easily determine the future value of your savings or retire