Anonymous
04/16/2014 16:07
Subject: How to tell if you're "on track" with retirement savings?
Anonymous wrote:Firecalc has come highly recommended. You have to click on the tabs on the top to enter in all of the variables.
http://www.firecalc.com/
+1 for Firecalc.
It's a bit confusing, but it's great.
Anonymous
04/16/2014 12:38
Subject: How to tell if you're "on track" with retirement savings?
Anonymous wrote:Anonymous wrote:Firecalc has come highly recommended. You have to click on the tabs on the top to enter in all of the variables.
http://www.firecalc.com/
That's not the most confusing thing I've ever seen, but it's close.
I agree - it's not as user-friendly as it could be.
Anonymous
04/16/2014 11:37
Subject: How to tell if you're "on track" with retirement savings?
Anonymous
04/16/2014 11:34
Subject: How to tell if you're "on track" with retirement savings?
Anonymous wrote:Firecalc has come highly recommended. You have to click on the tabs on the top to enter in all of the variables.
http://www.firecalc.com/
That's not the most confusing thing I've ever seen, but it's close.
Anonymous
04/16/2014 10:58
Subject: How to tell if you're "on track" with retirement savings?
Firecalc has come highly recommended. You have to click on the tabs on the top to enter in all of the variables.
http://www.firecalc.com/
http://www.firecalc.com/
Anonymous
04/16/2014 09:31
Subject: How to tell if you're "on track" with retirement savings?
There are a hundred free retirement calculators online. Just google around.
Anonymous
04/16/2014 07:47
Subject: How to tell if you're "on track" with retirement savings?
Financial engines. I get access (free) thru work so you may ask yours. http://corp.financialengines.com/
Anonymous
04/15/2014 20:18
Subject: How to tell if you're "on track" with retirement savings?
Market watch has a pretty good one.
Anonymous
04/15/2014 20:12
Subject: How to tell if you're "on track" with retirement savings?
Is there a calculator somewhere that can help you determine if you're on track for saving enough for retirement? I realize I could make my own spreadsheet, but I'm not entirely sure how to take into account projected investment return, or the fact that over the next 20+ years my income (and therefore potential retirement contributions) will likely go up.
At the moment I'm 26 and have about $45k about evenly split between a Roth IRA and Rollover IRA from a previous employer 401k. I max out the Roth every year, as well as a family HSA which we never, ever draw down on (so ~$12k/yr). DH has his own retirement accts, with higher balances but he's older, too. I feel like I need to prioritize this more, but am also socking it away in 529s and Coverdell.
I'd like a tool that tells me "if you want to meet your goal of having $X million total when you retire at age Y, you need to increase your contributions by Z per year" (or Z per year for the next 5 years, then A per year for 5-10 years from now, B for years 11-15, etc.).
At the moment I'm 26 and have about $45k about evenly split between a Roth IRA and Rollover IRA from a previous employer 401k. I max out the Roth every year, as well as a family HSA which we never, ever draw down on (so ~$12k/yr). DH has his own retirement accts, with higher balances but he's older, too. I feel like I need to prioritize this more, but am also socking it away in 529s and Coverdell.
I'd like a tool that tells me "if you want to meet your goal of having $X million total when you retire at age Y, you need to increase your contributions by Z per year" (or Z per year for the next 5 years, then A per year for 5-10 years from now, B for years 11-15, etc.).