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About Retirement Calculator, Inc.

Retirement Calculator, Inc. provides the tools and resources necessary to assist you in making critical economic decisions regarding your retirement future.

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Colleen's Corner

Asset Allocation

Often financial "experts" make asset allocation difficult to understand. My goal in this series of articles is for you to understand asset allocation thoroughly, in an easy to understand format.

Get A 401k Retirement Account Today

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401kretirementaccount.com

Get A 401k Retirement Account Today

How much do you know about your 401k retirement account? Are you aware of the maximum contribution that you can make to your 401k retirement account each year? Do you know how much your employer is willing to contribute in matching funds to your 401k?

As important as knowing the rules surrounding deposits to your 401k retirement account is knowledge about withdrawals from it. Do you know how much money you can withdraw from the savings in your 401k retirement account? Do you know what the penalties are for making withdrawals from the account before you retire?

More importantly, do you know whether or not a 401k retirement account is the best possible way for you to be saving for and investing in your retirement?

We believe that the most important thing that you can do when you are saving for retirement is to know and understand all of your options. We believe that you need to have as much information available to you as possible -whether that means consulting with a financial advisor, reading the financial section of your local or national newspaper, reading financial magazines and articles on the Internet or even consulting the financial segments on news broadcasts.

Viewers of the CBS Saturday Early Show were given a strong recommendation by financial analyst Ray Martin. He encouraged them to look into the retirement calculator that you can download for free using the link at the bottom of this page.

He wanted viewers of the segment to take control of their savings and investments, and felt that our retirement calculator was a great tool to use to do so.

Why is our retirement calculator such a valuable asset when it comes to your financial plan? To begin with, you can use it to analyze all of your savings and investments -including your 401k retirement account. With this calculator you can:

  • Determine how your savings accounts, stocks, bonds and mutual funds have performed -individually and together -in the past;
  • Get projections about how your savings and investments will perform over the next 25 years;
  • See how your savings will be affected by changing interest rates;
  • Understand how your savings and investments will stand up under the conditions of inflation;
  • Investigate changes to your investment strategy to see whether or not making them will bring you closer to achieving your financial goals; and,
  • Plan a strategy based on making positive changes to your savings and investment portfolios that are certain to help you invest wisely in your own future.

But even more than analyzing your 401k retirement account and other accounts, even more than being able to determine what changes you can make that will virtually guarantee that your savings and investments will allow you to reach all of your financial goals, you will be able to speak one on one with a financial advisor to get even more advice.

During this free consultation, you will be able to ask questions and get the answers that you need. You will be able to discuss your financial strategy -your 401k retirement accounts, your other savings and your investments -and determine the best plan of action that you can take to reach your goals.

Wouldn't you like to know that you will have financial security when you retire? Wouldn't you like to be sure that your 401k retirement account and your other savings and investments will be enough to guarantee that you can do everything that you hope to do once you retire without having to fear that you will run out of money?

Get the certainty that you need that your retirement will be all that you have dreamed of. Take a moment to download our free retirement calculator. Understand your savings and investments. Take control of your future. Just click the red button to get started.

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Retirement Homes & Retirement Communities

Retirement Homes is a comprehensive directory of retirement homes, retirement communities, senior housing, long term care and elder care facilities. Retirement Homes will help you learn about all your retirement living, senior housing, and long term care options in the USA and Canada.

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Retire In a Weekend

Would you like to retire, but aren't sure you can?

Have you wondered if you have enough money to retire, how long it will last, how much you can take out, and the best way to invest?

Everyone who has thought about retirement has asked themselves these and other questions. Now you can get ALL the answers in Retire in a Weekend! This short, simple, humorous, easy-to-understand book answers the 10 most popular questions and addresses the 5 biggest concerns people have about retiring! So stop asking yourself IF you can retire ... with Retire in a Weekend! you'll learn HOW to actually do it.

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Analysis of the Economics of Early Social Security Withdrawal

Robert J. Phillips
Chief Retirement Consultant

Deciding whether or not to take the early withdrawal of social security at age 62 can be difficult. If you need this income at 62 to fund your retirement the decision is fairly straightforward. Take it early! On the other hand, if you have another source of revenue to fund your retirement your decision will be primarily based on lifestyle, health and investment preferences.

Several factors can affect your decision. First is your life expectancy. If you are in good health and have a family history of living beyond 90 then waiting for full benefits may be best. Two other factors impact this decision. First and most important is the value of money or your expected return from your investments. If you are using other investments instead of social security to fund your retirement you should use the rate of return of these investments as your value of money. There is another way to look at the value of money. If you do not require the social security money to live, you can invest the distributions for the future. The rate of return of this investment is your value of money. If your investments will make larger returns such as stocks this would favor taking the early withdrawal.

The last factor impacting your decision is inflation. Social security includes an annual adjustment based on inflation. You cannot control this variable but you should be aware of its impact. If future inflation is significant it will favor a later full distribution

FREE Social Security Calculator:

Find Out Your Breakeven Age

We developed a calculator to assist in analyzing the impact of taking early benefits at age 62 or waiting for full benefits at age 66 to 67 depending on the year you were born...If you were born in 1960 or later your full benefits will begin at age 67 and your reduction for early benefits at age 62 will be 30%. If you were born between 1946 and 1960 your full benefits begin as early as age 66. We have included a chart that summarizes information.

To use the calculator you need to input your year of birth. You also need to input a value of money up to 10% and a projected inflation adjustment. The calculator analyzes income generated over time from both the early and full benefit investments. It calculates the age at which full social security will catch up and breakeven with the early withdrawal. If you were born before 1960 your breakeven age will be impacted by the year you were born. An early breakeven age favors waiting for full benefits.

The social security calculator is not the final answer whether to take an early withdrawal but it does give you additional economic data to assist in that decision. Ultimately you must balance income, investments and lifestyle to optimize your enjoyment during your retirement years.