Gold calculator software

Lots trade size Units trade size Money at risk Switch to stop loss price. Forex pairs are , units per 1 lot Units per 1 lot vary on non-forex pairs, please check with your broker In MT4 and MT5 right click a symbol and then click Specification.

The Contract Size field tells how many units are in one lot. View image. Share this page using your affiliate referral link Forex Calculators. Pip Calculator. Forex Rebates Calculator. Profit Calculator. Compounding Calculator. Drawdown Calculator. Risk of Ruin Calculator. Pivot Point Calculator. WhatsApp Messenger. Talking Tom Cat. Clash of Clans. Subway Surfers. TubeMate 3. Google Play. GameStop in-store PS5 restock.

Baby Shark hits 10B YouTube views. N95, KN95, KF94 masks. Windows Windows. Most Popular. New Releases. Use supplimental descriptions to add more detail about the specific items purchased. Built-in tablular reports and charts let management compare and study data organized by store locations, sales people, product type, customer and date. Know at all times during the day and week how much gold you have.

Our software helps you comply with federal and state government licensing requirements. No more wasting valuable time re-typing your transactional data into their compliance websites. Upload your data automatically. As you business grows to multiple locations, consistently enforce your business policies and promote standardization across all your stores.

Our software lets you see and manage everything centrally. All rights reserved. The Gold Tracker. Give us a call Email us Support TheGoldTracker. The Gold Tracker - Our software makes gold buying easier. Make more money through technology. Accelerate your gold buying business now with our great software features! Multiple Ticket Types Support your requirements with our complete point of sale solution.

Employee Multi-Level Security Create employee permission groups to control unauthorized access. Customizable Settlement Formulas The gold tracker is flexible and can use your payout formulas and bonus percentages. Ignoring ease-of-use issues and user-induced errors, I decided to do some testing to try to quantify the affect different tax-handling approaches might have on calculator outputs. To get the absolute best apples-to-apples test I could, I used just one calculator Flexible Retirement Planner — FRP and then modeled taxes using three different approaches for the distribution period all approaches were identical for the accumulation period : Approach 1 with several periods of different tax rates, with rates as measured by the Pralana Retirement Calculator PRC which performs detailed tax calculations, Approach 2 with a constant tax rate, using the average measured by PRC and Approach 3 with tax rate set to zero and income and expenses adjusted to compensate for taxes, again using the average tax rate as measured by PRC.

Observation 2: if you manually compensate for taxes by adjusting income and expenses, the errors are worsened if there are periods where you actually pay no taxes, such as the first several years of Case 1 where all expenses are covered by withdrawals from taxable savings. So, in this case, expenses are exaggerated by modeling taxes which may not actually have to be paid.

Observation 3: Even though the exact same average tax rate was used for approaches 2 and 3, substantial differences in the final savings balances were projected. There are two reasons for this:. I repeated this tax analysis using Case 2 involving both accumulation and distribution periods and got similar results and for the same reasons:.

Finally, I decided to do one more test. Final savings balances were as follows:. Conclusion: Absolute precision in specification of your tax rate is not crucial; however, just making a rough estimate will probably result in substantial errors.

This error is avoidable by using a calculator that performs detailed tax calculations. Previously, a question was posed on whether it makes a significant difference whether a retirement calculator models savings accounts separately according to their unique characteristics or simply models them as a common pool.

The test case described below, involving only the distribution phase, is enlightening. This test was performed using the Pralana Retirement Calculator Gold version which performs detailed federal income tax calculations with no tax rate inputs from the user. The rate of return is the same on all accounts. We can readily conclude from this data that there are significant differences in final account balances depending on whether the calculator models separate savings accounts or simply treats them as a common pool.

In real world investing, we choose to put money in different types of accounts because it really does matter, and these findings indicate that it matters in the world of modeling as well. This commonly boils down to annual contributions to savings, annual income during your retirement years and when it will begin, your retirement income requirements i. Retirement calculators do the math that integrates the data described above into a long term projection.

This actually makes your job quite a bit easier and it reduces the opportunities for math errors; however, to be completely fair and depending upon the calculator, more robust data input capabilities makes for a more complicated user interface and creates opportunities for misinterpretation of the inputs being requested by the calculator.

This, then, accentuates the need for a quality user manual to accompany any complex calculator. One or more of the following analysis methods are employed by all retirement calculators to produce their outputs:. Each of these analysis methods offer some goodness but none of them is perfect.

No calculator can forecast the future with certainty because the calculations are always based on assumptions related to certain variables that are unknowable in advance, and this translates into some degree of risk in relying on their predictions.

But we also face many decisions in life which are largely under our control. We weigh the pros and cons, make trade-offs, and try to assess how one decision interacts with other decisions. This includes job and career, getting married, having children, college educations for your children, housing choices, mortgages, how much to contribute to retirement accounts and what type of retirement accounts to have, healthcare, how much life insurance to carry, getting a divorce, when, where and how to retire, when to start collecting Social Security benefits, which survivor benefits to select with your defined benefits pension, long-term care, and on and on.

The decisions we make on many of the above items have a direct bearing on our income stream and our taxes which, in turn, affect our discretionary spending power. Then there are choices we have to make on discretionary spending such as vacations and travel, hobbies and entertainment, clothes, cars, luxury items, gifts and charitable giving. And, of course, there are also those non-discretionary expenses such as utilities, food and household items.

Without the right tools, putting all the pieces of the financial puzzle of our lives together is bewildering if not impossible. Further, a good life cycle calculator should also help the user establish an optimized standard of living.

Suffice it to say that you will not get one of these in a free, on-line retirement calculator; however, you may find that these tools are worth every penny invested in them. Consumption smoothing is a term used by economists to describe a consistent standard of living for an individual regardless of family size and the ebb and flow of non-discretionary expenses. In other words, it enables you to maintain the same level of discretionary spending i. Consumption smoothing is mathematically complex and computationally intensive and is an extremely rare feature in retirement calculators.

These tools can be very helpful in making lifestyle decisions, but you have to be careful in determining the level of trust to place on consumption-smoothed expenses. To reduce this risk, Kotlikoff and Burns suggest telling ESPlanner that you and your spouse plan to live to age A PFM should not be confused with personal finance software because those products tend to be money management and tax preparation tools. Regular use of a well-designed tool will lead to familiarity, and that will lead to ease of use, convenience and even more confidence.

Then you can get very quick turn-around on evaluating alternatives and what-ifs, and periodically updating your assumptions and reviewing long term projections for any warning signs.

Skip to content. Member Login. Gold Change Log. Model the future. Retire with confidence. Sleep well. Struggling with some tough questions? The Pralana Retirement Calculator can help!

Pralana offers two great retirement calculators and world-class support. Learn More. Learn more. Some secrets of success. Paul R. Mark H. Mark M. Shayne B. Catherine R. Dwayne C. Articles on Retirement Calculators. General Topics.