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Wednesday, October 30, 2024
Retirement Planner - Free Tool [ Retirement calculator ]
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Explanation of Features:
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Input Fields:
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Current Monthly Expenses: Enter current monthly living expenses.
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Years to Retirement: Enter the number of years left before retirement.
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Expected Retirement Duration: Estimate how long you plan to be retired (in years).
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Expected Annual Return on Investment (ROI): Enter the projected rate of return on investments.
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Calculation Logic:
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Inflation Adjustment: Annual expenses are adjusted for inflation, assuming a 6% inflation rate until retirement.
Corpus Requirement: The required retirement corpus is calculated using the expected ROI and the total retirement years.
Results:
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Clicking “Calculate Retirement Corpus” displays the estimated retirement corpus needed in the red-themed result container.
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Responsive Retirement Calculator
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