Retirement Calculator Evaluation

Each retirement calculator on the Net requires differing amounts of input to perform its calculation.  While studying many different retirement calculators, I noticed that the more input a retirement calculator required, the better the results of the calculation.  This is logical since we all know that we get back from something what we put into it. 

Since retirement calculations seem mysterious, I created this retirement calculator evaluation to help you understand the inputs each retirement calculator requires so you can compare the detail required by each calculator and understand the inputs the retirement calculator uses for its calculations. 

Don’t trust a retirement planning calculator that asks a few questions and then gives you a plan for your retirement years.  You need to invest the time in this planning process and use the best retirement calculators so you have the peace of mind that your plan will work.  You deserve a safe and happy retirement and you must invest the time to properly plan for yours.

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Explanation of codes in the retirement calculator evaluation table 

Number of inputs - indicates the number of possible input fields the retirement calculator requires. 

S – the calculator has input fields for both spouses 

X – the calculator has only one field for the input.  This might be a field that applies jointly to both spouses. 

C – the calculator allows for a married couple and handles field as input for the couple 

* - indicates that the field is calculated by the calculator.  No input is required.  Example: Social Security being calculated by the calculator. 

XX% - indicates the calculator inserts a fixed percentage in the field.  XX is the percentage amount.

Note:  This is a wide table and you must scroll to the right to see all the data in it.