What exactly is a retirement calculator?

Answer 1

A retirement calculator is a calculator that calculates your retirement investments, funds, and lots more. It's a great resource to go to for all of your retiremt needs, as long as it involves calculating and math!

Answer 2

You can find a retirement calculator on the internet by typing in retirement calculator. They are all a little different and each one will ask for different information so you should have it handy.

Answer 3

Yes a retirement calculator can be useful for figuring out when you can retire and how much money you will have when you retire. They use variables like your and your spouses age, life expectancy, desired retirement age, income, annual raise, and desired retirement age to calculate this.

Answer 4

A retirement income calculator is a calculator that can tell you how much you can spend after retirement each month. It determines the maximum amount of money available for the remaining life span of a senior.

Answer 5

You can use a retirement calculator to help you determing what percentage of your salary and investments are needed to have sufficent funds for retiring.