I have a new favorite retirement calculator. It's from an independent, Bud Hebeler. That's in contrast to an investment or brokerage house. Hebeler is a former president of Boeing and an all-around smart person on the subject of personal finance.
His web site is Analyze Now! (the exclamation mark is part of the name but the URL is just www.analyzenow.com] It has a lot of explanations, and a fair number of FAQs, but its real strength is in the calculation programs. The programming is presented in Excel spreadsheets. Don't worry that the programs require knowledge of Excel; they don't. When a spreadsheet opens, you just follow the instructions and plug in numbers in the highlighted cells. Results will appear near the top of the screen, with explanation if it's needed.
Hebeler's guided tour of retirement doesn't have the 4-color pizzazz of the commercial web sites. But in its quieter way, with no sales pitches, it inspires confidence in the major source of information, the user. After all, if I can follow the steps to analysis, surely I can follow the steps to action.
© 2010 Mary Bold, PhD, CFLE. The content of this blog or related web sites created by Mary Bold (http://www.marybold.com/, http://www.boldproductions.com/, College Intern Blog) is not under any circumstances to be regarded as professional, legal, financial, or medical advice. Or education advice. Or marital advice. Or even a tip.
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