Dallas Websites Interactive: Scott Burns Fuel Efficiency Investment Calculator

Small Change Millionaires: The Generous Grandparent Calculator


	Input Variables
Current Age of Grandchild =
First gift, 1st year = $		The annual gift tax exclusion amount is now $11,000.
Second gift, 2nd year = $		In 2006 and 2007, the limit on Roth IRA contributions is $4,000 for people under 50 and $5,000 for people 50 and over. There are other limitations if your income is too high.
Third gift, 3rd year = $
Fourth gift, 4th year =
Fifth gift, 5th year =
Assumed Rate of Return =		The 1926-2003 Ibbotson figures are 12.7% for small stocks, 10.4% large stocks, 5.4% intermediate govt bonds, 3.7% Treasury bills, and 3.0% for inflation.
Assumed Rate of Inflation =
Grandchild's Age When Fund Accessed =

Value at that age $
Inflation Adjusted Value at that age $
Print		Calculate


© Scott Burns, 2005