Smart Financial Tools

Our mission is to provide you with the resources you need to make informed financial decisions and improve your personal finance.

We offer a variety of free financial tools and resources. Including calculators and stress tests, to help you evaluate your finances, make a plan for the future, reach your retirement goals. Our free calculators cover everything from retirement planning to investment analysis. Simply enter your information and let our tools do the rest without worrying about paying a cent.

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Check out our newest calculator the Wealth Multiplier

This Week's Finance News and Updates

04/11/24: Will Inflation ever come down?

With yesterday's inflation report, we got new insights on the US macroeconomic trends. Yesterday's report showed inflation at 3.5% compared to February's report which had inflation at 3.2%. What is even worse is core inflation. Core inflation strips out more volatile goods such as food and energy. The problem is core inflation was even higher at 3.8%. Stocks sank on the news. Today they got off to a slow start because of it.

The question is will we see a Fed rate decrease this year and if so how many? At the end of last year people thought there could be as many as 6 or 7 decreases. As we have moved into this year the Fed estimated just 2 to 3 rate cuts in their dot plot. Now, with this new inflation data are we going to see a rate cut at all?

Last week we got the jobs report, and that report came in hotter than expected. Showing strong job growth in hospitality and in health care. Hospitality has come roaring back after covid and the jobs are showing it. Health care also showed strong growth especially with the US’s aging population. These numbers showed strength in the economy that the inflation numbers do not. So with the Fed possibly keeping rates high and the jobs continuing to grow will we fall into a recession or will we be able to achieve the soft landing the Fed has been shooting for?

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More About Smart Financial Tools

We Provide all of our articles on money, investing, and retirement and more for free so that you can learn what it means to be part of the fire movement or how you compare to other americans your age. Our free calculators were designed for every day people to quickly learn their personal finance numbers, their risk tolerance and plan for the long term. For example, the cash on cash return calculator was built to give the average investor smart investment knowledge to make informed decisions. They allow you to compare how you are doing in the accumulator of wealth scale and see if you are on target to becoming financially independent according to your fire number all for free. Try our tools and resources today.

Thank you for visiting Smart Financial Tools. We hope you find our resources helpful and we welcome your feedback and suggestions for new tools and content. Our tools consists of retirement planning tools, net worth articles, financial planing software, and more. Please email us with your suggestions on how to make our products better and do not forget to share us with your friends. Learn more about us!