Can I Really Afford to Retire?
January 21, 2003
These web sites feature Retirement Planning questionnaires you complete online.
Your responses are analyzed and evaluated based on the facts you provide and the
assumptions you make.
Quicken calculates your retirement income
based primarily on pension and social
security income projections.
(Click on “Advice and Planning” then
“Retirement” then “Retirement Planner”)
Charles Schwab Schwab’s planner calculates your planned
spending in retirement and estimates the
savings you will need for retirement. It gives
you an opportunity to change your
assumptions to learn what impact your
decisions may have on your ability to attain
your retirement goals.
Smartmoney’s planner calculates how much
you should save for retirement and whether
you will be able to retire early.
(Click on “Calculators” then “Retirement
CNN and Money
In addition to the retirement planner, this
site references Money Magazine articles on
(Click on “Personal Finance” then
Morningstar’s ClearFuture planning tool
helps you set a realistic retirement income
goal and then suggests a plan that is on
target to meet that goal.
ASEC’s retirement planning form is called
Ballpark Estimate and is an easytouse,
onepage worksheet that helps you quickly
identify approximately how much you need
to save to fund a comfortable retirement.
(Click on “Learning Center” then
“Retirement Center”, then “Try a Decision
AARP/Scudder AARP/Scudder’s retirement calculator asks
for extensive information about your
pension, social security, savings and
income from investments to dete