When I was with a Financial Advisor (Edward Jones), I had access to a report that showed my projected retirement savings and if I would outlive my savings or not based on information we (my FA and I) entered, such as how much per year I expect to save, how much I expect it to grow, and how much I expect to spend per month in retirement. I've recently left that company for a do-it-yourself approach, but the brokerage I went to (Vanguard) doesn't have an in-depth planner that I know of.
Are there any good free or inexpensive tools out there like this that you know of? I'd want something that can track multiple retirement accounts for me and my spouse, and allow me to play around with various numbers, adjust ROI's, put in hypothetical 'large' purchases (house, boats, cars, etc) in retirement to see how that affects my overall wealth, and maybe even an option to include/exclude Social Security (cause you know, with 20+ years to retirement, SS may not exist, or maybe it will).
Thanks!
Submitted May 06, 2021 at 08:00PM by SlackerATC https://ift.tt/3nVbplk
