Beware of Investment Company Retirement Calculators

Retirement calculators are not all the same. ContinuingLet’s do a fast calculation to see the positive
to work after retirement can have a very positiveimpact of a post retirement job. Let’s
impact on your retirement savings. Make a postcalculate the amount of investment that you need to
retirement job part of your retirement planning. Use thegenerate a monthly income of $1,000 per month.
right retirement calculator in your retirement planning.To do this we must make a few assumptions.
As a part of your retirement planning, have youAssume the income generation rate of your
considered a post retirement job?investments is five percent (5%). Let’s
Continued income from a post retirement job canassume that we are not going to take any principle
have a very positive impact on your retirementfrom your investments to do this.
finances.