Are there any retirement calculators that aren't super-simple?
March 14, 2011 8:18 AM Subscribe
Are there any retirement calculators that aren't super-simple? I'm specifically looking for a retirement calculator that would look sort of like multiple calculators where you could put in an age-range, and then all the normal inputs (starting age, starting retirement principal, income, income increase % year over year, % saved for retirement, etc).
posted by mbatch to Work & Money (8 answers total) 13 users marked this as a favorite
I know that retirement calculators are limited at best but how limited they are bugs me sometime. I know I could write up a program or spreadsheet that would do (some) of what I want but, if someone has done the work already, I'd rather not repeat it.
I would like a calculator that is a little more smart about the various phases people go through in their lives. As an example - work till 50, move towards consulting/limited hours semi-retirement from 50-65, living partly on taxable accounts, 65-75 live it up a little, 75-? sustain, maintain.
Or perhaps you want to model a 2 year Buddhist retreat to India into your work-life schedule..
Or perhaps you want to spend 5 years in your 40s sailing all over the world..
I'm also happy to hear about any retirement calculators that go above and beyond the simple formula in other ways that I may not have mentioned (like handling tax-estimates better, or allowing one to model stock/bond mix changes over time, etc).