Steps to the Wealth
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Tools and Calculators

Walkthroughs of the free calculators on Steps To The Wealth – what each one measures, the assumptions behind it, and how to read the output. Educational content only, not financial advice.

Investment fees priced over thirty years: four lines comparing a no-fee plan against a 1% fee
Investing While Working

Investment Fees: The Hidden 1% That Costs You Twice

Daniel Park -
0
Sharpe ratio explained: skipping the risk-free rate turned 0.33 into 0.67
Risk Management

Sharpe Ratio Explained: The 3 Hidden Flaws in Your Number

Emma Laurent -
0
Optionality vs retirement: a $2,000,000 retirement number beside the $1,000,000 optionality number from the same formula
Investing While Working

Optionality vs Retirement: The Honest Number, 8 Years Sooner

Emma Laurent -
0
Goal plan mismatch: a $3,000,000 goal beside the $316,962 that $1,000 a month produces over the same fifteen years
Investing While Working

Goal Plan Mismatch: The Costly 9.5x Gap Nobody Prices

Daniel Park -
0
XIRR vs CAGR: two funds posting 41.42% and 0.00% CAGR that both returned the investor 30.28% money-weighted
DCA Strategy

XIRR vs CAGR: The Hidden Gap Between 2 Honest Return Numbers

Daniel Park -
0
How to backtest a DCA plan - the four traps that make a backtest lie, each paired with its fix, and the three layers a complete test covers
DCA Strategy

How to Backtest a DCA Plan Before You Risk Real Money

Daniel Park -
0
Value averaging vs DCA comparison showing that dollar-cost averaging fixes the contribution while value averaging fixes the portfolio value
DCA Strategy

Value Averaging vs DCA: Does Targeting a Number Beat Buying on a Schedule?

Daniel Park -
0
Cost of waiting - a $31 discount set against the $9 of expected value the delay costs, leaving $22
Investor Psychology

What Waiting Actually Costs

Daniel Park -
0
Two curves on one axis: a 40,000 dollar object decaying to 5,859.72 dollars against the same money growing to 78,686.05 dollars over ten years
Investor Psychology

Depreciation vs Investing: What You Paid Is Not What You Still Have

Emma Laurent -
0
Portfolio stress test - a diversified three-sleeve equity portfolio fell 58.10 percent in 2008 against 57.00 percent for the S&P 500 alone
Investor Psychology

Portfolio Stress Test: Diversification Is Not Protection

Daniel Park -
0
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