Calculating Needs
It’s quite simple with just a click of the mouse—and even a bit fun—to figure out what you’ll need for retirement. There are a number of sites on the internet that have retirement forecasters.
Each one will guide you step by step with the information you share. Don’t worry if you’re not sure of all the numbers they’re asking for. Just make your best predictions so you can begin to understand what steps you could be taking. Of course, the more complete you are, the more accurate the calculations will be. Keep in mind, too, that there are variances that computers can’t predict—and unfortunately, they can’t tell you how your investments will fare. Still, they are good way to help in your planning, along with advice from a professional and other resources.
Try one of these web sites and see what you can learn: