Comments on: A Comprehensive List of Retirement Planning Tools and Calculators

By: Shower Radio

Shower Radio — Wed, 13 Oct 2010 17:11:41 +0000

i always save money for my own retirement, i would also like to invest on some stuffs`:,

By: Connor Bell

Connor Bell — Wed, 26 May 2010 01:06:12 +0000

i am saving money for my retirement because i want to enjoy most of my time as an old man.`–

By: Retirement Planning » Blog Archive » ref302.pdf (application/pdf Object)

Sat, 19 Jan 2008 02:41:25 +0000

[...] A Comprehensive List of Retirement Planning Tools and Calculators [...]

By: Retirement Planning » Blog Archive » A Comprehensive List of Retirement Planning Tools and Calculators

Fri, 04 Jan 2008 02:39:58 +0000

[...] A Comprehensive List of Retirement Planning Tools and Calculators [...]

By: | calculators.check4cheap.com

| calculators.check4cheap.com — Sun, 09 Sep 2007 10:05:28 +0000

[...] AllFinancialMatters » CalculatorsThey tested the following five online retirement calculators: Ballpark Estimate (ChoosetoSave.org) Cheap Critical Illness Insurance – provides cheap critical illness [...]

By: Matt

Matt — Tue, 21 Aug 2007 05:45:35 +0000

While Fidelity clearly heads up the pack, there are some key flaws in their tool, including:
- if you have international funds in your portfolio, they suggest you sell them and invest domestically (Hello? Diversification?)
- they use a replacement rate of income to calculate your needed retirement income. This approach has largely been discredited by independent financial advisors as an inaccurate way to forecast needs.
- They run an insufficient number of Monte Carlo simulations (“at least 250″ which sounds a lot like “we do 250″) Most planners do at least 1,000.

Also, you left this tool off the list:
http://beta.boulevardr.com

It’s been developed by a startup based in San Francisco.

By: Morgan Edge

Morgan Edge — Mon, 30 Jul 2007 14:29:02 +0000

I think the 100% income replacement is too high. For me at least, I am living on much less than my income today. I have a house payment that is 20% of income and savings (retirement, college, and other) is another 20%. With a paid off house and kids out of college, I know that I can likely live on a 70-75% number comfortably.

By: Neith

Neith — Sat, 28 Jul 2007 02:48:23 +0000

The Vanguard calculators also include one for calculating the cost of borrowing from the plan.

One major problem with the Vanguard calculators (and some other ones I have seen online) is that they assume that if you are looking at the calculators, you are nearing retirement. For example, when figuring how long your retirement savings will last, the calculator only allows you to choose a current age (for self and for spouse) of 50 or higher. This can have serious implications if you are a younger investor trying to calculate what your retirement might look like.

By: Nancy

Nancy — Fri, 27 Jul 2007 22:28:38 +0000

Very comprehensive list..thanks JLP
I hope your readers will also visit http://www.retirementthink.com

By: ciwood

ciwood — Fri, 27 Jul 2007 21:02:27 +0000

Try http://dinkytown.net/java/RetirementPlan.html
it is an excellent free simple planner that you can copy to Excel and modify. I use it for my students.