Retirement calculators can help us plan and prepare to retire. When we are years away, these online tools can help us determine how much we should be saving. As we approach our time to retire, they can help us understand how much we can spend each year and which accounts should fund that spending.

Not all retirement tools, however, reach the same result. They take different approaches to what is a complex series of calculations and assumptions. One study examined five popular retirement planning software packages and found stark differences in outcomes. As a result, it recommended that individuals use “multiple programs before implementing an action plan based on the results.”

To that end, here is a list of the best retirement calculators, planners and software tools.

Personal Capital: https://go.robberger.com/empower/yt69'>https://go.robberger.com/empower/yt69
New Retirement: https://go.robberger.com/newretireme...
OnTrajectory: https://go.robberger.com/ontrajectory...
Networthify: https://networthify.com/calculator/ea...
eFIREsim: https://www.cfiresim.com/

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Investing Tools & Resources

My Book (Retire Before Mom and Dad): https://amzn.to/2MsRJ9B
⛱ New Retirement (Retirement Planner): https://robberger.com/go/newretireme...
Personal Capital (Investment Tracking): https://go.robberger.com/empower/yt
⛱ New Retirement: https://go.robberger.com/newretireme...
M1 Finance $30 Bonus (IRA & Taxable Accounts): https://go.robberger.com/m1financebo...
OnTrajectory (Retirement Planner): https://robberger.com/go/ontrajectory...
Morningstar (Fund Research): https://go.robberger.com/morningstar/yt
Tiller (Budgeting): https://go.robberger.com/tiller/yt

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#retirement #calculators #robberger

ABOUT ME

While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.

I'm also the author of Retire Before Mom and DadThe Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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