1. For guidance on look and feel - please see [url removed, login to view] - I would like to build something similar, but for the savings and investment of a GOAL and some other tweaks included.
2. The project is the design of a calculator with a graphic interactive emphasis.
3. This calculator should be able to work on a WordPress site.
4. There is 2 parts to the calculator:
4.1 The calculation on the public website
4.1 Transferring the calculation to the Client Profile Side and registering it as a personal goal (i.e. signup) and hence starting an investment with us.
5. This project ONLY requires the first part of the design (4.1) that is the building of the calculator to be hosted on the public website.
6. Fields to be completed:
6.1.1 Name your goal:
6.1.2 Attach a picture of your goal
6.2.1 Amount required (in today's value)(Aka Present Value) (Currency is ZAR)
6.2.2 Amount already saved (Currency is ZAR)
6.3 When Required (Dropdown) Month + Year OR (Insert) Duration in Years & Months
6.4 Frequency of Contribution: Set to monthly (user cannot change that)
6.5 Expected Growth Rate (same as interest Rate) user can change default of 9.5%
6.7 Annual increase in contributions: user can change default of 10%
6.8 Expected inflation rate: user can change default of 6%
7. Output: Calculation of the Required ZAR per month.
7.1 A interactive LINE CHART showing the investment for the period to reach the goal.
7.2.1 A summary that details the following as the curser move over the graph OVER TIME AXIS:
At Year 1;2;3 etc (X):
(Also state duration/term)
- Shortfall in ZAR
- Progress in % Complete
- Capital Invested ZAR
- Capital as % of Goal
- Fund Value as % of Goal
8. Invite participants
8.1 User should then be able to invite friends to share this goal and/or add additional users manually.
8.2 Each user should be able to EITHER change their contribution and then system change annual increase OR user change annual increase and system set contribution. In both cases the GOAL Amount and Goal Date will be the same for all users.
Invite user field will therefore be:
"Invite your friends" or "Add your friends"
Contribution or Annual Increase.
9. Bonus Feature
9.1 It would be a added bonus if USERS can later personalise the initial picture that has been uploaded by the Initiator.