FiveDriver
Full time employment: Posting here.
Has anybody used the Retirement Spending Calculator on the MarketWatch website ??
Fidelity's Retirement Income Planner gave me good results based on real numbers, and I wanted a sanity check using MarketWatch's calculator. MW's input doesn't let you adjust for your true spending in Retirement (at least as far as I can find on their calculator). They simply put in a number for Housing, Medical, Transportation, etc. Their assumptions for Housing in my case are way off -- it's not going to be $11,335, but much less (mortgage is paid off, taxes less than $2K, and minimal maintenance). Their Transportation spending includes a car loan or lease payment (N/A in our case).
Unless you can enter true Retirement Spending Amounts.......this tool is useless.
Has anyone found a good Spending Calc on the Interwebs ??
Fidelity's Retirement Income Planner gave me good results based on real numbers, and I wanted a sanity check using MarketWatch's calculator. MW's input doesn't let you adjust for your true spending in Retirement (at least as far as I can find on their calculator). They simply put in a number for Housing, Medical, Transportation, etc. Their assumptions for Housing in my case are way off -- it's not going to be $11,335, but much less (mortgage is paid off, taxes less than $2K, and minimal maintenance). Their Transportation spending includes a car loan or lease payment (N/A in our case).
Unless you can enter true Retirement Spending Amounts.......this tool is useless.
Has anyone found a good Spending Calc on the Interwebs ??