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Published at Thursday, June 24th 2021, 08:15:03 AM. Planning Spreadsheet By Letha Mcbride. Retirement calculator is one of the most useful tool in deciding the future of an employee. These calculators are usually developed by banks, investment companies and advisories involved in helping the individuals to make their money work smartly and safely. Since this tool is developed to provide simple ideas to the customers who can check if the planned strategies work or not, they allow the investors to use it free of cost, before taking an appointment with an expert adviser. The features of these calculators mostly include the current age in the first row, followed by the desired age for retirement, expectancy of your life, current income and expected annual increment in percentage and the amount of investment per year. After providing these information, the next step displays expected benefits after retirement and also the beginning of the age payments. Sometimes, these calculations are also done combined with your spouses income, if both the family members are earning and decide to retire together.
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