retirement

3 tools can make retirement planning easy

Senior couple sitting on bench in the park
Highlights
  • Retirement calculators can help you formulate a financial plan.
  • Retirement checklists aid in setting goals and writing budgets.
  • When in doubt, do your research on options that are best for you.

3 tools for retirement planning

Retirement may seem like a mirage far off in the sands of the financial desert, but the truth is it's real, and you are moving toward it faster than you realize. If you haven't started retirement planning, it's time. Retirement planning can be difficult in an unstable economy, but with the use of a few tools you can safeguard your savings and reach your goals for retirement.

Retirement planning calculators

It's important to know all the statistics on contributions you're making to your 401(k), Roth IRA and other savings. Bankrate offers a wide range of retirement planning calculators to help you through the process. The 401(k) retirement planning calculator lets you manage your 401(k) balance after leaving an employer. Bankrate also offers a calculator to determine savings in a Roth 401(k) versus a traditional 401(k).

Work sheets

While retirement planning can be chaotic, using a simple work sheet can create some order out of the mess. Use Bankrate's retirement planning checklist to plan for your short- and long-term retirement goals. If you're close to retirement, creating a retirement budget can help you stay on track with your spending. Bankrate offers a retirement budget work sheet to assist in the process.

Retirement planning research

If you're in the dark about where to start with retirement planning, then use research to shed light on your options. There's an abundance of information on retirement planning on the Internet. For accurate information on retirement planning, check out Bankrate's retirement basics.

News alert Create a news alert for "retirement"

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.08%  0.16 4.24%
15 year fixed 3.19%  0.04 3.23%
5/1 ARM 3.36%  0.10 3.46%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.36% --0.00 4.36%
50K FICO-based HELOC 4.06% --0.00 4.06%
100K FICO-based HELOC 3.91% --0.00 3.91%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.79% --0.00 2.79%
48 month used car loan 2.98% --0.00 2.98%
60 month new car loan 3.23% --0.00 3.23%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.94% --0.00 0.94%
2 Year CD 1.13% --0.00 1.13%
5 Year CD 1.76%  0.00 1.76%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.77%  0.06 15.71%
Cash Back Cards 16.48%  0.07 16.41%
Low Interest Cards 10.96%  0.10 10.86%
 
Next
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Blog

Jennie Phipps

Work less — ‘It’s a better life’

Retirement actuary Steve Vernon says working less while delaying Social Security is the best way to retire.  ... Read more

advertisement
Partner Center
advertisement

Connect with us