Skip to content

retirement tools

How much do you need for retirement?

Fidelity Retirement Planner – great, interactive tool for determining what you need for retirement. Recommend this to everyone!

Yahoo Finance Retirement Calculator – for all you no frills, spreadsheet lovers

Kiplinger’s Retirement Savings Calculator – probably the most accurate of the three, asking specific questions and making fewer assumptions.

What should your asset allocation be?

Bankrate Asset Allocation Calculator – uses a sliding scale of 7 different variables and recommends an asset allocation.  Remember, this is just a recommendation – asset allocation is much more art than science.  I still recommend you get advice from an investment professional when making retirement investments.

Impact of Increasing/Decreasing Contributions

Yahoo Finance 401K Calculator – this tool allows you to quickly see what an increase or decrease in contributions can do to your 401K balance.  Amazing what a slight increase can do for your future balance!

Mutual Fund/Stock Selector

Morningstar.com – requires a free membership, but the most comprehensive site when evaluating mutual funds and stocks.  As mentioned earlier, please get professional advice when selecting mutual funds and stocks.

Advertisements
One Comment leave one →
  1. Fernando Locascio permalink
    July 24, 2012 5:07 am

    Retirement is of course inevitable and we should always prepare for our retirement age. We should always get health insurance as we age. ‘“`*

    Till next time
    http://www.healthmedicinelab.com“>

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: