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Estimating Your Retirement Costs
Planning for retirement is not an easy task. There is a plethora of information out there meant to help with this, but it can become overwhelming. Many times the information you find can be good advice but it does not apply to your circumstances. Even retirement calculators, which are becoming increasingly more common, can give widely varying results depending on which one you use. All of these calculators use different algorithms and assume different things in order to give what the creator believes is the right answer. It is important to research many different options and understand how the information from those options applies to your own life before making a definitive decision. For more information visit this article by Jo Craven McGinty with The Wall Street Journal.
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