Can I adjust the calculations based on my personal financial goals and preferences?
Curious about Retirement calculator
Yes, many retirement calculators allow you to adjust certain assumptions and variables based on your personal financial goals and preferences. For example, you may be able to adjust the age at which you plan to retire, the amount of money you plan to save each year, the expected rate of return on your investments, and the inflation rate. Some calculators may also allow you to include additional sources of income, such as Social Security or a pension, and factor in potential expenses in retirement, such as healthcare costs or travel. It's important to review the assumptions carefully and make adjustments based on your individual circumstances and financial goals.