I am trying to determine how much I need to retire. Can anyone recommend an accurate retirement calculator that is intuitive to use? There are tons on the internet so I'm not sure which calculator would be reliable. I'm also wondering if the program would take into account current debt.
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Suggested Retirement Calculator
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There are many of them because they are just rough guidelines. There is no perfect calculator.
Why fully retire anyway? I would be bored to death. I plan to cut to part-time when I get older. If you hate your job that much, find something fun that is part-time. It is much easier on the finances this way as well. A small steady income can help you drop to part-time quicker.
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I know Fidelity and Vanguard have various retirement calculators on their websites:
Fidelity helps you navigate through retirement planning by providing guidance each step of the way. Gain insight on how to plan for retirement here.
You might check with your brokerage to see if they have something similar
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here's a really good one, you can customize it really easily and include all kinds of factors.
Smart Money Retirement Planner
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