How does it prioritize competing goals?

It follows a recommended framework: 1. Emergency fund, 2. 401(k) match, 3. High-interest debt, 4. HSA, 5. Retirement, 6. Education, 7. Other goals.

Is it compatible with the 4% rule?

Absolutely. It uses the Safe Withdrawal Rate (SWR) to calculate the necessary nest egg size based on your desired annual spending.

How does this skill calculate required savings?

It uses the sinking fund formula to solve for the monthly payment (PMT) required to reach a future value (FV) based on an expected rate of return and time horizon.

Can it help with education planning?

Yes, it includes specific logic for 529 plans, education cost projections, and the financial aid impact of parent-owned assets.

Does it account for inflation?

Yes, the skill emphasizes computing goals in future nominal dollars to ensure savings targets maintain their purchasing power.

Savings Goals Planner

Name: Savings Goals Planner
Author: JoelLewis

byJoelLewis

•

生产力与工作流

Plans and tracks savings for retirement, education, and major purchases using precise financial formulas and prioritization frameworks.

The Savings Goals skill empowers Claude to act as a specialized financial planning assistant, capable of calculating required savings rates, projecting future portfolio values, and navigating complex trade-offs between competing financial objectives. It incorporates inflation-adjusted targets, 529 plan education funding strategies, and the 4% rule for retirement, providing users with actionable, goal-based investment insights and structured priority frameworks for wealth accumulation. This skill is ideal for users seeking to quantify their financial roadmap and ensure their current savings pace aligns with long-term aspirations.

主要功能

01Calculates required monthly savings using the sinking fund formula

02Analyzes education funding options including 529 plans and superfunding

0318 GitHub stars

04Provides a structured goal priority framework (Emergency fund, Match, Debt, etc.)

05Projects inflation-adjusted targets for retirement and education goals

06Calculates retirement nest egg targets based on Safe Withdrawal Rates (SWR)

使用场景

01Determining the monthly contribution needed to reach a $200,000 college fund in 18 years

02Evaluating if current retirement savings are on track using the 4% rule and nominal return projections

03Prioritizing whether to fund a down payment for a home or maximize 401(k) contributions

What are Skills?·How to Install

Install with 🐟 Skill.Fish

npx skillfish add joellewis/finance_skills savings-goals

For use in Claude.ai and ChatGPT

Download Skill