Financial Calculator Update 9/30/2010
The quarterly update for 9/30/2010 is a small update. We recommend you review the update items below. If you do not immediately require the enhancements below, since all updates are cumulative, you may wish to wait to implement them with our 12/31/2010 release.
If you implement this update and you have not updated your calculators in a while you should refresh your existing HTML calculator pages. All updates are cumulative, so if you start fresh with this update you will have all previous calculator updates as well. If you would like, you can review our 6/30/2010 update: 6/30/2010 Update. (The 9/30/2010 update includes all changes included in previous updates, you do not need to download any other updates to have the most current versions of all of the calculator components.)
Make sure to try our new Calculator Configurator: Calculator Configurator
This new tool lets you see exactly how you can customize the many features of our calculators.
Update instructions*:
- Download the latest version of your calculators from your download site, found on your update e-mail notice.
- Execute the Calc.exe file from your download. This is a self-extracting zip file. (Or unzip the Calc.zip file if you are using a non-windows platform.)
- When prompted for a directory, you may use the default of "java" or enter your own. It is recommended that you extract the update to a new directory and then move the required files to your production environment. One directory will be created with no subdirectories.
- Delete the contents, in your current deployment, of the KJEgui, KJEgraph and KJEcalculation directories and remove them from your server. The new version no longer requires these directories or their content.
- Replace your current dinkytown.jar file with the new version.
- Replace all files with the extension "class" with the new version.
- Make required changes to any HTML documents as described in this document or replace all of your existing HTML documents and re-apply your web-site custom changes.
*Please note, if you have a Servlet or other custom deployment (other than the custom formatted delivery described below), installation instructions for your package will found on your download page.
Update for custom formatted delivery**:
**Custom formatted delivery is a special option that you can add to your maintenance update service. With this option we can apply an HTML, JSP, CFM or ASP template to your calculator pages and their reports before the update is sent to you. You will then receive your calculator pages with all of your site formatting in place, without any rework to include changes that have been made to the pages deployed on your server. If you are interested in using custom formatted delivery, please contact us at (612) 331-2291, or for more information.
- Download the latest version of your calculators from your download site, found on your update e-mail notice.
- Execute the Calc.exe file from your download. This is a self-extracting zip file. (Or unzip the Calc.zip file if you are using a non-windows platform.)
- When prompted for a directory, you may use the default of "c:\java" or enter your own. It is recommended that you extract the update to a new directory and then move the required files to your production environment. One directory will be created with no subdirectories.
- Delete the contents, in your current deployment, of the KJEgui, KJEgraph and KJEcalculation directories and remove them from your server. The new version no longer requires these directories or their content.
All pages will be custom formatted to your site, no further integration or modification of the calculators is required. Please note, if your custom delivery uses Active Server Pages (ASP), Java™ Server Pages (JSP) or Cold Fusion (CFM) the respective ASP, JSP or CFM pages will be in place of your HTML documents for all calculator main pages. Report templates will remain in HTML documents (these documents are not called by your server, but instead used by the applet in the main calculator page).
To clear your Browser's cache:
When you test the new version of the calculators, make sure that the browser you are using uses the new files instead of any it may have in its cache. You may need to clear the browser's cache manually to ensure the new versions are loaded.
Internet Explorer:
Choose "Internet Options" under the "Tools" menu and on the "General" tab click on the "Delete" button under the Browsing History section. Click the top button "Clear private data now..." Click "Ok" when prompted if you wish to delete all temporary files. Close this dialog box, and all open Internet Explorer windows. Your Cache should then be cleared.
Firefox and Netscape:
Choose "Clear private data..." under the "Tools" menu. Check the box for "Cache" and then click the button "Clear private data now".
Master Changes (HTML Modification required, affects all calculators)
None
Master Changes (no HTML changes required, affects all calculators)
-
None
Updates that require modifications to HTML documents
- 72T Calculator, 72T Distribution Impact: (Retire72T.html, Retire72T2.html, Retire72Alt.html, SPRetire72T.html):
The default "Reasonable interest rate" has been changed to 2.07 to reflect 120% of the current Federal Mid-Term rate as of October 2010.
- Investment Savings and Distributions (InvestmentDistribution.html) - In the first sentence add "to" after "Use this calculator".
- Taxable vs. Tax Advantaged Investments (InvestCompare.html) - In the sentence "This calculator is designed to help compare a normal taxable investment to two common tax advantaged situations: An investment..." Change the "An" to "an."
- RMD & Stretch IRA Calculator (StretchIRA.html): In the paragraph "The figures created for with this calculator are hypothetical and based on current and variable assumptions you selected to help illustrate a concept. Many factors could impact this hypothetical concept, such as possible changes to tax laws in the future, the impact of inflation and other risks." The first sentence should read "The figures created with...."
In the paragraph "This is the age at which you believe the owner of the account will die. Since the IRS uses the age of the account owner as of 12/31 of any give year, this is actually the age of the account owner as of 12/31 of the year they died." change "give" to "given."
In the second sentence from the end "We also use this entry for to determine whether to calculate for a spouse's beneficiary's life expectancy." delete the first "for."
- Roth IRA Conversion (RothTransfer.html): Under the section "Current age" calculator spelling error has been fixed.
- Life Expectancy (LifeTime.html): Changed section heads to match case in other headings: Weight & Height (should be height), Blood pressure & Family medical history (should be family)
- Health Savings Account (HSA) Savings Calculator (HSASavings.html): change case in heading Expected Inflation Rate to match
- Financial Ratios (Ratios.html): In the section: Operating expenses changed "you product" to "your product."
- Canadian Mortgage Qualifier (CAMortgageQualifier.html, FRMortgageQualifier.html): We now include the HST tax cost of a new home in the calculation process. User is prompted to select the province that the purchase will be made, and if this is a new purchase the appropriate tax and rebate for that province will be included in the cost to purchase the home. Existing homes continue to have no HST or PST tax.
Updates that do not require changes to HTML documents
- Mortgage Rent vs Buy:(CAMortgageRentvsBuy.html, MortgageRentvsBuy.html) Mortgage Rent vs Buy:(CAMortgageRentvsBuy.html, MortgageRentvsBuy.html) Now allows for a negative number in the "Maintenance and Associate Dues". This allows for people that may be collecting monthly rent or other income to offset the monthly mortgage payment. For example, if a homeowner is planning on renting a room for $400 a month. This reduction in monthly expenses could be entered into this field.
