Q: Hi 5i,
In response to Marcel's question today:
"Do you have or know of a good website for calculating or forecasting of how long assets in a persons retirement will or should last in years?"
I've found these site good:
https://www.financialmentor.com/calculator/best-retirement-calculator
And,
https://www.dinkytown.net/java/retirement-planner-calculator-canadian.html
The first one is more flexible as you can add in holders for CPP and OAS, indexed for inflation. It also allows one to adjust GO, SLOW GO, and NO GO withdrawals.
On a separate note, can we create a specific blog for retirees? I for one are getting close and it would be nice for members to share investment planning tips.
Thx.
In response to Marcel's question today:
"Do you have or know of a good website for calculating or forecasting of how long assets in a persons retirement will or should last in years?"
I've found these site good:
https://www.financialmentor.com/calculator/best-retirement-calculator
And,
https://www.dinkytown.net/java/retirement-planner-calculator-canadian.html
The first one is more flexible as you can add in holders for CPP and OAS, indexed for inflation. It also allows one to adjust GO, SLOW GO, and NO GO withdrawals.
On a separate note, can we create a specific blog for retirees? I for one are getting close and it would be nice for members to share investment planning tips.
Thx.
5i Research Answer:
Thank you for sending this along.
We do not have a specific blog for retirement planning but do note that Canadian MoneySaver frequently covers these types of topics and also has an archive of articles on these topics. MoneySaver is available through upgrading to the bundle plan here if interested.