Tuesday 11 April 2017

Best Minneapolis Financial Planner | 5 Reasons Retirement Calculators Fail 

The third reason why they're not always the best or why it could fail is because of inflation. We have to make assumptions on inflation when we're using the retirement calculators, but some calculators don't even have inflation adjusted numbers. You have to be careful with inflation and make sure that if you are using a retirement calculator and it's going to tell you what your income is that point in time, keep in mind as you go along in retirement you might not have inflation adjusted numbers. You want to make sure that your social security, your retirement calculator's not too simple, and you want to make sure that inflation's added into it. To know more info contract with Best Minneapolis Financial Planner

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