Calculators
FIDO is the consumer website of the Australian Securities and Investments Commission (ASIC). ASIC is the consumer protection regulator for financial services.
Check out FIDOs calculators here.
Calculators provided include:
Superannuation calculator: What could your super be worth in future?
Managed funds calculator: What could the future value of your investment be worth?
Compound interest: What would your money be worth if you invest it and re-invest all the interest you earn?
Risk and return: Compare the return offered by a proposed investment with the relevant market sector
Budget planner: Helps you manage your expenses so that you spend less than you earn.
Retirement planner: Could your super and the age pension be enough to give you the income you would like to have when you retire?
Please note
Over the past few years,many financial insutitions have added online calculators to their websites to help you see the effect of different financial choices you might make. Many calculators are helpful, but there are some pitfalls. For further information go to: FIDO
