Financial Planning Test

Select the answer that best describes your situation in each question
below. When you're finished, click Add Up My Points.

Your age Score:
21 to 25
4		 26 to 35
6		 36 to 45
10		 46 to 55
8		 Over 55
4

Your annual household income Score:
Under
$20,000
1		 $20,000 -
$35,000
3		 $35,001 -
$50,000
5		 $50,001 -
$75,000
7		 $75,001 -
$100,000
9		 Over
$100,000
10

How much of your income do you save each month? Score:
None
0		 Under
5%
2		 5% to
9%
5		 10% to
15%
8		 Over
15%
10

Money in the bank (checking, savings, money market accounts,
and CDs)		 Score:
None
0		 Under
$2,500
1		 $2,500 -
$5,000
3		 $5,001 -
$10,000
5		 Over
$10,000
8

How soon might you plan on making a major purchase such as a house, car, second home, etc.? Score:
Less Than
6 Mos.
-2		 6 Mos. to
1 Year
0		 1 to 3
Years
2		 3 to 5
Years
4		 More Than
5 Years
5

Do you have children to put through college? Score:
None
1		 One
3		 Two
5		 Three
8		 Four+
10

When will your children be attending private school or college? If no children, select "0" points Score:
Within A
Year
-5		 1 to 3
Years
0		 3 to 5
Years
4		 5 to 10
Years
8		 Over 10
Years
10

What percent of your retirement income do you feel you'll need to provide for yourself? Score:
Under
10%
-2		 10% to
24%
2		 25% to
49%
5		 50% to
74%
8		 75% to
100%
10

How do you feel about the following statement?
"I will not invest unless I am confident of getting every penny back."		 Score:
Strongly
Agree
-5		 Agree
-3		 Not Sure
0		 Disagree
3		 Strongly
Disagree
5

Are you currently an investor? Add 2 points for each investment you've previously made (maximum 6 points) Score:
Mutual Funds
2		 Stocks
2		 Bonds
2

To Find Out What Your Score Means, Click HERE


This calculator is for illustrative purposes only. We do not guarantee
that calculations are accurate. Always consult your accountant or
a professional advisor before making personal financial decisions.