Recent Tools & Tips

Retirement Calculator

With the disappearance of the old-school defined benefit pension plan and Social Security looking less secure, retirement planning is a priority for almost everyone.

I’ve found an excellent and free retirement income calculator at moneycentral.msn.com (go to the ‘personal finance’ tab). Anyone can use this tool. It asks simple questions, such as your age today, expected retirement age, savings, current income, expected retirement income, and expected retirement needs. It’s easy to input your answers.

Then the tool shows your savings at retirement and when your savings will run out.

While this tool is no substitute for the services of a seasoned financial professional, it’s an extremely useful way for anyone to begin to evaluate their savings strategy.

Recent Tools & Tips

You and Your Young Adult Child — A Review

In You and Your Young Adult Child, Laurence Steinberg offers useful advice for parents of 20-somethings.

The LOVE Prescription — A Review

In The LOVE Prescription, John and Julie Schwartz Gottman offer a seven-day step-by-step manual to help those looking to improve their relationship.

Keep Moving: Notes on Loss, Creativity and Change — A Review

In Keep Moving, Maggie Smith collects inspirational quotes and short essays to help people going through difficult times.

The 5 Love Languages — A Review

The 5 Love Languages helps committed partners better understand, and love, each other.