How to Retire — Easy Tools to Finance Retirement Savings

by Jeff Reeves | November 14, 2011 9:50 pm

how to retire - financing to retirement“How do I retire?” This question haunts many investors wondering how to finance retirement[1], protect their savings and make it to retirement without going crazy with worry.

Thankfully, figuring out how to retire and how to finance retirement is easier than ever before thanks to a host of online tools and investment resources[2]. With just a few clicks of your mouse and simple math, you can find out a clear path and take some of the guesswork out of how to retire.

For starters, begin with the “ballpark” retirement calculator[3] from the Employee Benefit Research Institute, a public policy group dedicated to retirement how-to instruction and helping Americans decide how to finance their lifestyles after leaving the work force.

There are just a few easy steps in this calculator’s retirement how-to guide. To find out how to retire, you’ll need to enter:

It’s just that easy to find your answer to the question “How do I retire?”

Of course, your plans for how to finance retirement might not go as expected, but you can always check back in a year or two down the road to see how you are doing. All these steps take about five to 10 minutes, so you can do it as soon as your ideas about how to retire or your real-life savings change.

The question of “How do I retire?” doesn’t have any easy answers. But at least these tools offer a clear direction to those wondering how to retire and can offer easy updates on how to finance your retirement dreams.

Jeff Reeves[5] is the editor of InvestorPlace.com. Write him at editor@investorplace.com[6], follow him on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook.

Endnotes:

  1. retirement: https://investorplace.com/retirement/
  2. investment resources: https://investorplace.com
  3. retirement calculator: http://choosetosave.org/ballpark/index.cfm?fa=interactive
  4. calculator from the Social Security Administration: http://www.socialsecurity.gov/OACT/quickcalc/
  5. Jeff Reeves: https://investorplace.com/2011/11/market-rally-bank-stocks-financial-sector/2011/11/3-dividend-commodity-stocks-vale-scco-si/2011/11/2011/10/optimism-about-europe-debt-resolution-a-risk-to-market-rally/2011/10/2011/10/2011/10/no-bear-market-for-5-funds-etfs-slv-gld-thd-xrt-fdn/2011/10/author/jeff-reeves/
  6. editor@investorplace.com: mailto:editor@investorplace.com

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