Using online tools and calculators help you assess your financial circumstances, thereby, helping you understand your risk appetite. You should use such calculators before making any investment as that will give you a clarity on your savings and investment.
Here are a few reasons you should use online financial tools and calculators:
Helps you assess your risk appetite
Assists in your financial planning
Allows you to boost your savings and investment strategies
Helps you choose the right financial plan for your needs and goals.