Tools And Calculators

calcxml.com is one of my favorite online calculators websites, and this is one of my favorite calculators.

It prompts you to think about:

1. What it costs you to live

2. What your inflows will be (social security, pension, wage)

3. What you have in savings (based on your savings it will calculate investment inflow)

Then it calculates how long your savings will last, based on what it costs you to live and what your current inflows are.

If you are thinking about retirement, you need to plug in to this calculator.