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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.CBS The Early Show
Retirement Calculator, Inc. has been exposed live in New York on CBS The Saturday Early Show for its flagship product the Retirement Calculator and recommended by Ray Martin the top financial analyst for CBS News.Watch the video clip
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Retirement Intelligence Information Services
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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.- FREE Retirement Calculator recommended by Ray Martin on the CBS Early Show - Watch the video clip
- FREE Retirement EBook written by Bill Losey, America’s Retirement Strategist
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- FREE Consultation with a certified financial advisor in your area
| NATIONAL OVERNIGHT AVERAGES | TODAY | +/- | LAST WEEK |
| 30 yr fixed mtg |
|
3.80% |
|
3.76% |
| 15 yr fixed mtg |
|
3.11% |
|
3.02% |
| 5/1 ARM |
|
2.69% |
|
2.68% |
| 30 yr fixed jumbo mtg |
|
4.38% |
|
4.39% |
| 5/1 jumbo ARM |
|
2.94% |
|
2.89% |
| NATIONAL OVERNIGHT AVERAGES | TODAY | +/- | LAST WEEK |
| $30K HELOC |
|
4.60% |
|
4.59% |
| $50K HELOC |
|
4.24% |
|
4.24% |
| $30K home equity loan |
|
5.77% |
|
5.76% |
| $50K home equity loan |
|
5.50% |
|
5.47% |
| $75K home equity loan |
|
5.47% |
|
5.44% |
| NATIONAL OVERNIGHT AVERAGES | TODAY | +/- | LAST WEEK |
| 36 month new car loan |
|
3.13% |
|
3.13% |
| 48 month new car loan |
|
3.24% |
|
3.25% |
| 60 month new car loan |
|
3.34% |
|
3.35% |
| 72 month new car loan |
|
3.31% |
|
3.31% |
| 36 month used car loan |
|
4.36% |
|
4.36% |
| NATIONAL OVERNIGHT AVERAGES | TODAY | +/- | LAST WEEK |
| 6 month CD |
|
0.46% |
|
0.46% |
| 1 yr CD |
|
0.70% |
|
0.70% |
| 5 yr CD |
|
1.38% |
|
1.38% |
| 1 yr IRA CD |
|
0.71% |
|
0.71% |
| 5 yr IRA CD |
|
1.49% |
|
1.49% |
Does 'Manage My Income' Make your Brain Hurt?
Colleen Mulder-Seward, MBARetirement Calculator, Inc.
managemyincome.com
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I spent a long time looking for ways to manage my income. I wanted to be sure that I was not spending anything more than I could afford to spend. I wanted to be sure that I was saving enough money now so that I could live my life the way that I wanted to after I retired. But, most importantly, I wanted to manage my income efficiently. What do I mean by that? I mean that I wanted to make sure that all of the things that I was doing to manage my income were actually going to help me. I wanted to be sure that I was investing in the right stocks, the right bonds, and the right mutual funds. I wanted to know that even with rising inflation rates, my investments would be enough to get me through retirement. So I looked everywhere. I talked to my broker who could give me projections a few years out. I talked to my bank to ask about how interest rates might affect my savings. I read the financial pages of the newspaper too. But nothing that I looked at really gave me the comfort that I was looking for; nothing made me sure that I was going to manage my income in the best way possible. Nothing, that is, until I came across a great tool. I'm sure that you've been asking yourself similar questions. I'm sure that you've wondered if you can manage your income in a way that will ensure you the retirement you want to have. I'm sure that you're concerned about interest and inflation and whether your investments will perform well over time. And that's why I want to share the best tool I've found to be sure that I'm able to manage my income with you. It's a retirement calculator that came highly recommended by CBS News financial analyst Ray Martin. What made such a respected financial advisor encourage viewers of the CBS Saturday Early Show to use this retirement calculator? I think that he brought it to the attention of the show's viewers for the same reason that I want to encourage you to use it. The first reason is that it is a free download. That's right: By using this retirement calculator, you are sure to be able to manage your income without having to spend money to do so. The second reason , which is probably even more important, is that it takes into account 50 years of stock, bond, and mutual fund performance. With that sort of accurate performance data, as well as the ability to project interest and inflation rates that will show you how your investments will do over the next 25 years, you are sure to be aware of whether or not you are managing your income wisely. But another reason to download this retirement calculator is that it's easy to use. Not only does it provide valuable information that would take you ages to accumulate, but all that you need to do to get calculations is input your own data. And if you are confused, immediate online customer service is available to answer any questions you have. But I've saved the two best features for last. You can evaluate different savings and investment scenarios based on the same data that has shown you how your income will last over time. And then you can speak with a professional financial advisor about what you've learned in a free consultation. That's right, if you act now and download this free retirement calculator that will tell you how to manage your income (just like it showed me how to manage my income), you will also get a free consultation with a financial planner who can help you implement any changes you need to make to ensure that you can live the life you've always imagined yourself living once you retire. So what are you waiting for? All it takes to get started is clicking the red button. Just a simple click of your mouse on the red button will let you make great strides toward managing your income to last throughout your life. |
Find a Qualified Financial Planner in Your Area
Retirement Knowledge Center
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Do You Know the Answers to These Important Retirement Questions?
- Are you retired or thinking about retiring?
- Do you have enough money to comfortably live throughout your retirement years?
- Would you like FREE face to face advice or retirement consulting from a trusted local financial advisor?
- Are you looking for help to achieve your long-term financial goals?
- Would you like to learn more about Annuities, 401's, Life Insurance and Long Term Care?
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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 AgeWe 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.
