When I initially put together my website I assumed I would recommend the best of the retirement calculators I could find online. But during my search I couldn’t find one that did a good enough job to merit a recommendation. So I created two financial calculators that are both comprehensive and easy to use. I provide a Net Worth Calculator and a Financial Freedom / Retirement Calculator.
Why do I refer to a “retirement slash financial freedom” calculator? Well, because I challenge the notion (as I hope you will) that you must wait until you’re sixty-five before you can live the life you truly desire. Instead, I encourage you to replace the “R”-word, retirement, with two new ones: financial freedom. This is the goal to pursue. It’s what I have done and I have reaped the rewards of happiness, health, and joy.
Please use the financial calculators to help guide you toward achieving your dreams and goals. If you are like most people, your first attempt with the calculators will leave you somewhere between unhappy with the results and quite worried. Don’t be discouraged! The results help you take a hard, new look at all of your plans. Examine the factors and approaches that can change your results. Pay particular attention to how you can reduce your cost of living in retirement and especially on how you can save more now. Modest adjustments in both of those areas can make a big difference in the outcome of your plan.
Continue to use the financial calculators as you make adjustments and decisions on your path toward financial freedom. As long as you’re clear on your goals and dreams—and continue to pursue them—you are that much closer to achieving the ultimate goal of financial freedom.