Wednesday, January 02, 2008

Check Your Retirement-Savings Progress



I don't have a single account with Fidelity, but I'm quite impressed with their free retirement-savings estimator:

Fidelity.com: Fidelity myPlan℠ Snapshot

It's pretty easy to fill out, requiring only five inputs — and those inputs ought to be easily available to just about anyone with a shadow. (How old are you? How much do you make per year? How much have you saved so far? How much are you saving monthly? What's your investment style?)

MyPlan Screenshot


Once you get to the final summary screen, you can then tweak your numbers to see what effect the changes would have. Pretty neat stuff.

Labels:

— Posted by Michael @ 8:56 AM








3 Comments:
 

If you have your sound on, it's pretty funny as well. Thanks for the link.

Anonymous Anonymous
, at 3:54 PM, January 04, 2008  
 

Great link, I loved playing with the little slide thingy that you could change the amount you would have in retirement. At one point I had to to like 37,000,000.

For one I never plan to retire, so I had the age at like 99. Number 2, I plan on making over 1 million per year at some point in life, while never living on more than 100,000 (or so)

Great and fun tool nonetheless

 

I wish T. Rowe Price would do better in their reporting of their funds...

** Comments Closed on this Post **

Thoughts on my personal finances, goals, experiences, motivations, and accomplishments (or lack thereof).

My financial life began turning around when I took responsibility for it.
— Dave Ramsey


100%

Start (2005-12): ~$21,900
Currently: $0
[About Our Debt Paydown]

100%

Savings Goal: $15,000
Currently: ~$15,115
[About Our Liquid Savings Goal]