ÿþ<HTML> <HEAD> <TITLE>Emergency Savings Calculator</TITLE> <META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=iso8859-1"> <META NAME="description" CONTENT="Financial Calculators, ©1998-2010 KJE Computer Solutions, LLC. For more information please see http://www.dinkytown.net"> <STYLE> <!-- BODY, TABLE, TD, TH, UL, OL, DD, DL, P, BR { font-family: helvetica, arial, sans-serif; font-size: 10pt; } H1 { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } DT { font-family: helvetica, arial, sans-serif; font-size: 10pt; font-weight: bold; } P.footer { font-family: helvetica, arial, sans-serif; font-size: 9pt; } DIV.large { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } --> </STYLE> </HEAD> <!-- Financial Calculators, ©1998-2008 KJE Computer Solutions, LLC. 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For more information please see: <A HREF="http://www.dinkytown.net">http://www.dinkytown.net</A> --> <H1>Emergency Savings Calculator</H1><P>Having adequate emergency savings can make unforeseen unemployment, auto repairs, medical emergencies, property damage and even legal issues more manageable. With adequate emergency savings, you can focus on how to best meet your family's needs, rather than worrying about finding the money to handle these difficult situations. This calculator helps you determine how much emergency savings you may need, and how you can begin saving toward this important goal.<P><CENTER> <!--[if IE]><object name="calculator" classid="clsid:8AD9C840-044E-11D1-B3E9-00805F499D93" codebase="http://java.sun.com/update/1.6.0/jinstall-6-windows-i586.cab#Version=1,4,0,0" height="400" width="565"><param name="code" value="Emergency" /><param name="archive" value="dinkytown.jar" /> <P style="font-size:1px; color: #ffffff" line-height: 1px><![endif]--><![if !IE]><P style="font-size:1px; color: #ffffff" line-height: 1px><![endif]></P><![if !IE]><APPLET name="calculator" code="Emergency.class" align="baseline" WIDTH="565" HEIGHT="400" archive="dinkytown.jar"><![endif]> <PARAM name="EMERGENCY_MEDICAL" value="2000"> <PARAM name="EMERGENCY_LEGAL" value=""> <PARAM name="EMERGENCY_AUTO_REPAIR" value="500"> <PARAM name="EMERGENCY_PROPERTY_DAMAGE" value="500"> <PARAM name="EMERGENCY_OTHER" value="0"> <PARAM name="INSURANCE_DEDUCTIBLE_MEDICAL" value="100"> <PARAM name="INSURANCE_DEDUCTIBLE_AUTO" value="250"> <PARAM name="INSURANCE_DEDUCTIBLE_PROPERTY" value="250"> <PARAM name="INSURANCE_DEDUCTIBLE_OTHER" value="0"> <PARAM name="MONTHLY_LIVING_EXPENSES" value="2500"> <PARAM name="MONTHS_OF_UNEMPLOYMENT" value="3"> <PARAM name="YEARS_TO_SAVE" value="4"> <PARAM name="AMT_TARGET" value="10000"> <PARAM name="AMT_CURRENT" value="0"> <PARAM name="AMT_SAVE_MONTH" value="200"> <PARAM name="ROR_INVEST" value="2"> <PARAM name="FED_TAX_RATE" value="25"> <PARAM name="STATE_TAX_RATE" value="8"> <PARAM name="INFLATION_RATE" value="3.0"> <!--CUSTOM PARAMETERS--> <PARAM name="TEXT_FOR_REPORT" value="<HTML> <HEAD> <TITLE>Emergency Savings Calculator</TITLE> <META HTTP-EQUIV='Content-Type' CONTENT='text/html; charset=iso8859-1'> <META NAME='description' CONTENT='Financial Calculators, &QCPQ;1998-2010 KJE Computer Solutions, LLC. For more information please see http://www.dinkytown.net'> <STYLE> <!-- BODY, TABLE, TD, TH, UL, OL, DD, DL, P, BR { font-family: helvetica, arial, sans-serif; font-size: 10pt; } H1 { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } DT { font-family: helvetica, arial, sans-serif; font-size: 10pt; font-weight: bold; } P.footer { font-family: helvetica, arial, sans-serif; font-size: 9pt; } DIV.large { font-family: helvetica, arial, sans-serif; font-size: 13pt; font-weight: bold; } --> </STYLE> </HEAD> <BODY bgcolor='#FFFFFF' LINK='#003399' VLINK='#666666' BGCOLOR='#FFFFFF'> <CENTER><table border=0 bgcolor='#000000' width=468 cellspacing=1 cellpadding=0><tr><td width='100%'><table bgcolor='#FFFFDD' border=0 width=468 cellspacing=1 cellpadding=5><tr><td width='100%' align=center valign=middle><DIV class=large>Emergency Savings Calculator</DIV></td></tr></table></TD></TR></TABLE></CENTER> <H1>Your required emergency savings is estimated at AMT_TARGET.</H1>With AMT_CURRENT currently saved and an additional AMT_SAVE_MONTH per month it will take YEARS_TO_TARGET year(s) and MONTHS_TO_TARGET month(s) to reach your emergency savings goal of AMT_TARGET. This assumes you receive ROR_INVEST annual rate of return on your savings and have a MARGINAL_TAX_RATE combined state and federal tax rate.<P>**GRAPH**<P> <CENTER><table border=0 bgcolor='#000000' width=95% cellspacing=1 cellpadding=0><tr><td width='100%'><table bgcolor='#FFFFFF' border=0 width=100% cellspacing=1 cellpadding=5> <TR BGCOLOR='#CCCCCC'><TD COLSPAN=2><CENTER><B>Results Summary</B></CENTER></TD></TR> <TR><TD><b>Amount to save</b></TD><TD>AMT_TARGET</TD></TR> <TR><TD><b>Amount currently saved</b></TD><TD>AMT_CURRENT</TD></TR> <TR><TD><b>Savings per month</b></TD><TD>AMT_SAVE_MONTH</TD></TR> <TR><TD><b>Annual rate of return (before taxes)</b></TD><TD>ROR_INVEST</TD></TR> <TR><TD><b>Tax rates </b> </TD><TD> STATE_TAX_RATE state, FED_TAX_RATE federal </TD></TR> <TR><TD><b>Annual rate of return after taxes</b></TD><TD>ROR_AFTER_TAXES</TD></TR> <TR><TD><b>Time to reach target</b> </TD><TD> <b>YEARS_TO_TARGET year(s) and MONTHS_TO_TARGET month(s) </b></TD></TR> </TABLE></TD></TR></TABLE> </CENTER> <H1>Emergency Expenses</H1><CENTER><table border=0 bgcolor='#000000' width=95% cellspacing=1 cellpadding=0><tr><td width='100%'><table bgcolor='#FFFFFF' border=0 width=100% cellspacing=1 cellpadding=5> <TR BGCOLOR='#CCCCCC'><TD COLSPAN=4><CENTER><B>Emergency Expenses</B></CENTER></TD></TR> <TR><TD COLSPAN=4><BR><CENTER><b>Emergency expense total: EMERGENCY_TOTAL </B></CENTER></TD></TR> <TR><TD><b>Emergency medical </b> </TD><TD> EMERGENCY_MEDICAL </TD><TD><b>Emergency legal </b> </TD><TD> EMERGENCY_LEGAL </TD></TR> <TR><TD><b>Emergency auto repair </b> </TD><TD> EMERGENCY_AUTO_REPAIR </TD><TD><b>Emergency property damage </b> </TD><TD> EMERGENCY_PROPERTY_DAMAGE </TD></TR> <TR><TD><b>Emergency other </b> </TD><TD> EMERGENCY_OTHER</TD><TD>&NBSP;</TD><TD>&NBSP; </TD></TR> <TR><TD COLSPAN=4><BR><CENTER><b>Insurance deductible total: INSURANCE_DEDUCTIBLE_TOTAL </B></CENTER></TD></TR> <TR><TD><b>Insurance deductible medical </b> </TD><TD> INSURANCE_DEDUCTIBLE_MEDICAL </TD><TD><b>Insurance deductible auto </b> </TD><TD> INSURANCE_DEDUCTIBLE_AUTO </TD></TR> <TR><TD><b>Insurance deductible property </b> </TD><TD> INSURANCE_DEDUCTIBLE_PROPERTY </TD><TD><b>Insurance deductible other </b> </TD><TD> INSURANCE_DEDUCTIBLE_OTHER </TD></TR> <TR><TD COLSPAN=4><BR><CENTER><b>Living expense total: LIVING_EXPENSE_TOTAL </B></CENTER></TD></TR> <TR><TD><b>Monthly living expenses </b> </TD><TD> MONTHLY_LIVING_EXPENSES </TD><TD><b>Months of unemployment </b> </TD><TD> MONTHS_OF_UNEMPLOYMENT </TD></TR> </TABLE></TD></TR></TABLE></CENTER> <P><DIV class=large>Savings by year</DIV> <HR SIZE=1> **REPEATING GROUP** <BR> <HR SIZE=1> <CENTER><P class=footer> Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. </P></CENTER><br><br> </BODY> </HTML> "> <H1><CENTER>This Financial Calculator requires SUN's Java"! Plug-in. If you see this message you will need to download SUN's Java"! Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing  Install ActiveX Control . </CENTER></H1> <OL> You can also get SUN's Java"! Plug-in here: <A href="http://www.java.com/en/download/download_the_latest.jsp" target=_blank><b>Get the Java"! Plug-in!</b></A> <P>For more information about this Plug-in please visit: <A href="http://www.dinkytown.net/money/sunjvm.html" target=_blank><b>SUN's Java"! Plug-in</b></A> <BR>For more information these financial calculators please visit: <A href="http://www.dinkytown.net" target=_blank><b>Financial Calculators from KJE Computer Solutions, LLC</b></A> </OL><!--[if IE]></OBJECT><![endif]--><![if !IE]></APPLET><![endif]> </CENTER><CENTER><SCRIPT>document.write(showbuttons())</SCRIPT> </CENTER> <H1>Definitions</H1><P><TABLE align='center' WIDTH="95%"><TR><TD><DL><!--DEFN_START--> <DT><B>Emergency medical</B><DD>Total amount you may need in a medical emergency. Don't include amounts that will be covered by insurance. Also, insurance deductibles should not be included in this amount.<P> <DT><B>Emergency legal</B><DD>Emergency legal costs such as legal defenses for civil suits or criminal accusations. Don't include amounts that will be covered by insurance. Also, insurance deductibles should not be included in this amount.<P> <DT><B>Emergency auto repair</B><DD>Emergency auto repair costs. Don't include amounts that will be covered by insurance. Also, insurance deductibles should not be included in this amount.<P> <DT><B>Emergency property damage</B><DD>Total amount you may need in an emergency involving damage to property such as your home. Don't include amounts that will be covered by insurance. Also, insurance deductibles should not be included in this amount.<P> <DT><B>Emergency other</B><DD>Any other amounts that may be required in an emergency not included in medical, legal, auto or property categories.<P> <DT><B>Insurance deductible medical</B><DD>The amount you are required to pay for medical expenses before your insurance coverage begins. Some medical insurance only covers a portion of your expenses after your deductible has been paid. If you insurance does not cover 100% of your expenses after you have paid your deductible, you may wish to enter your total maximum out of pocket costs here, which may be considerably higher than your deductible alone.<P> <DT><B>Insurance deductible auto</B><DD>The amount you are responsible to pay on auto insurance claims before your insurance covers any expenses. Deductibles for auto insurance commonly range from $100 to $500.<P> <DT><B>Insurance deductible property</B><DD>The amount you are responsible to pay on property claims, such as storm damage to your home, before your insurance covers any expenses. Deductibles for home or property insurance commonly range from $250 to $1000.<P> <DT><B>Insurance deductible other</B><DD>Any other insurance deductibles that may be required in your emergency fund.<P> <DT><B>Monthly living expenses</B><DD>Your total monthly living expenses. This amount should be your total expenses, not your total monthly income. Remember to include your home or rent payments, food, clothing, gas, phone and other monthly expenses. This amount does not need to include monthly savings or contributions to retirement accounts.<P> <DT><B>Months of unemployment</B><DD>The number of months you expect it will take to find a new employer if you become unemployed. The time it takes to find a new job can range anywhere from one month to more than a year. It is important to be realistic in your unemployment estimate. Covering living expenses if you become unexpectedly unemployed can be your largest emergency expense.<P> <DT><B>Amount currently saved</B><DD>Total you currently have saved that should be included in this analysis.<P> <DT><B>Amount to save per month</B><DD>The amount you will contribute each year to your emergency savings.<P> <DT><B>Rate of return</B><DD>This is the annually compounded rate of return you expect from your investments before taxes. The actual rate of return is largely dependent on the type of investments you select. For example, from December 1999 to December 2009, the average annual compounded rate of return for the S&P 500 was -0.6%, including reinvestment of dividends. From January 1970 to December 2009, the average annual compounded rate of return for the S&P 500, including reinvestment of dividends, was approximately 10.1% (source: www.standardandpoors.com). Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The lowest 12-month return was -43% (March 2008 to March 2009). Savings accounts at a bank may pay as little as 1% or less but carry significantly lower risk of loss of principal balances.<P>It is important to remember that these scenarios are hypothetical and that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are generally subject to higher risk and volatility. The actual rate of return on investments can vary widely over time, especially for long-term investments. This includes the potential loss of principal on your investment. It is not possible to invest directly in an index and the compounded rate of return noted above does not reflect sales charges and other fees that funds and/or investment companies may charge.<P> Since emergency savings may need to be accessed at any time, most people should use a conservative interest rate similar to a saving account and not rely on more risky investments such as stock or bonds. <P> <DT><B>Federal tax rate</B><DD>Your marginal federal tax rate. This calculator assumes that you pay federal taxes on any interest earned at this rate. This calculator also assumes that your taxes are taken out of your savings as they are earned, instead of at the end of the year.<P> <DT><B>State tax rate</B><DD>Your marginal state tax rate. The assumptions for state taxes are the same as those for federal. This calculator assumes that you pay state taxes on any interest earned. This calculator also assumes that your taxes are taken out of your savings as they are earned, instead of at the end of the year. <!--DEFN_END--></DL></TD></TR></TABLE> <BR> <HR SIZE=1> <CENTER> <P class=footer> Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. </P></CENTER> <BR> </BODY> </HTML>