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The Money Mustache Community
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**What do we think of these retirement calculators?**
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Topic: **What do we think of these retirement calculators?** (Read 2125 times)
detroital
5 O'Clock Shadow
Posts: 39
**What do we think of these retirement calculators?**
«
on:
May 07, 2018, 03:33:42 AM »
https://financialengines.com/education-center/topics/calculators/how-long-will-my-money-last-in-retirement/
https://www.schwab.com/public/schwab/investing/retirement_and_planning/saving_for_retirement/retirement_calculator
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MDM
Senior Mustachian
Posts: 11711
Re: **What do we think of these retirement calculators?**
«
Reply #1 on:
May 07, 2018, 03:50:30 AM »
Not much. Too simplistic and/or restrictive.
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SciLearner357
5 O'Clock Shadow
Posts: 10
Re: **What do we think of these retirement calculators?**
«
Reply #2 on:
May 07, 2018, 09:27:14 AM »
I like that the second one allows you to choose your age for social security. So many calculators put social security at the earliest age post retirement that you can.
I usually use this one
https://www.ameripriseadvisors.com/assets/calculators/RetirementPlan.html
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haflander
Bristles
Posts: 380
Age: 34
Location: Dallas
Re: **What do we think of these retirement calculators?**
«
Reply #3 on:
May 07, 2018, 09:30:06 AM »
If anyone is interested on MMM's thoughts regarding retirement calculators...this is one of the earliest posts of the whole blog.
http://www.mrmoneymustache.com/2011/04/21/silly-and-misleading-retirement-calculators/
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MDM
Senior Mustachian
Posts: 11711
Re: **What do we think of these retirement calculators?**
«
Reply #4 on:
May 07, 2018, 01:38:33 PM »
A review of some good calculators, including links, is
Best and/or Recommended Retirement Calculator - Bogleheads.org
.
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use2betrix
Magnum Stache
Posts: 2584
Re: **What do we think of these retirement calculators?**
«
Reply #5 on:
May 07, 2018, 01:48:09 PM »
Dave Ramsey used to have a great one actually until he added all this stupid BS to it.
I use this one now. Very simple and does what I need.
https://www.investor.gov/additional-resources/free-financial-planning-tools/compound-interest-calculator
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The Money Mustache Community
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**What do we think of these retirement calculators?**