Have you thought about retirement lately? Do you know how much you need to live on after you stop working? What about inflation or unexpected health costs? Calculating retirement can be simpler when using ACCC’s financial calculators to help you as you plan.
Calculating Retirement and Planning for the Future
Planning for retirement involves setting goals and yes, doing the math. To set the stage and estimate your future savings, try using financial calculators. They can help facilitate some of the complexity of financial planning.
How Will My Savings Grow Calculator
If you have invested money in an account that earns interest, use the How Will My Savings Grow calculator. It will help determine the increase in your savings over time. Come prepared with information like initial deposit amount, interest rate and tax bracket to make the most of the calculator.
Calculating Retirement & Inflation
Inflation is not something I typically associate with retirement. So if you are like me, start considering other influences like inflation while planning for retirement. Use the Inflation Impact on Retirement calculator to see firsthand how inflation affects your goals.
Save a Million Dollars Calculator
Working towards that million or two million dollar retirement goal? There is a calculator that will let you see if you are on track to reaching that goal or not. Try out the Save a Million Dollars calculator today!
Whether you are curious about retirement planning or need to check in on your goals, financial calculators can be a great tool. Taking time to think through retirement as early as possible will make achieving your goals that much easier. Calculating retirement doesn’t have to be a chore, but the start of a clear path forward into financial security.