Sometimes you get weary of all the disastrous financial news about retirement savings shortfalls. And sometimes you just want a quick answer to the question, “Can I retire at 66?”
Marketwatch’s retirement planning tool lets you visualize retirement and tweak the inputs – what you have, how much you’ve saved, and your target retirement age – and tells you whether or not you can afford to retire.
It gives you the answer straight up: “You cannot afford to retire at 66.” That quick answer, especially if it’s a yes, may be just enough information for you.
Or maybe you want to tweak your inputs to see if you pump a little more cash into retirement accounts, you’ll be able to flee corporate America five years earlier. The tool helps you make those calculations quickly.