Investing for the long-term is a crucial part of financial planning. But how much money do you currently have in investments? This should be the total of all your investment accounts, including 401(k)s, IRAs, mutual funds, and more. Using Ben Franklin's "invest to give" approach to the most effective way to build wealth is an important part of the process.
To help you make the most of your investments, Dave Ramsey has developed an Investing Calculator. This calculator allows you to enter your current investments and view a projection of how they will grow over time. This allows you to make informed decisions about when and where to invest, and how much to put into each area.
The Investing Calculator gives you the ability to look at different scenarios and make adjustments to your investments. For example, you can see how your investments will be affected if you increase or decrease your contributions, or if you change the amount of risk you are willing to take. You can also compare different investment options to find the best fit for you.