What are some good retirement planning tools?


Quick Answer

BlackRock CoRI, Vanguard Retirement Income Calculator and MarketWatch Retirement Planner are good retirement planning tools, according to Forbes. The best tool for the purpose depends on whether the person is still working or already retired. Forbes advises people to start planning and saving for retirement as early as possible.

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Full Answer

Retirement calculation tools provide answers based on financial information that users give them. The amount of income that a person ultimately needs for retirement is difficult to estimate, because future factors that can impact retirement are unknown. Forbes notes that many employers and financial institutions offer free tools for financial planning.

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