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Can I use the calculator to compare different investment strategies or portfolios?
Curious about Retirement calculator
Yes, you can use the retirement calculator to compare different investment strategies or portfolios by adjusting the input variables such as your expected rate of return, contribution amounts, and retirement age. For example, you can compare the projected retirement savings for a portfolio with a high risk and high potential return, such as stocks, versus a lowrisk portfolio, such as bonds. This can help you make more informed decisions about how to allocate your retirement savings and what investment strategy is best for you. However, keep in mind that past performance does not guarantee future results, and it's essential to consult with a financial advisor to determine the best investment strategy for your unique situation.
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