Planning for retirement is something that many young people overlook, but retirement planning can never start too early. No matter what stage of your life you're in, it's never too early to start putting away money for your golden years. The retirement calculator provided by Finance Buddy can help you figure out exactly how much you can afford to put away, and how much you'll have when you get there.
To take advantage of Finance Buddy's free calculator, all you need is some simple information. You need to simply input your current age, your target retirement age, your current level of savings, your target level of savings for retirement and the return you expect on your investments to get there. This will spit out results, showing you how much you need to save each year to hit your goal retirement age and budget.
The calculator is an easy way to help you begin saving for retirement. No matter what your goals are, you can figure out exactly what you need to start with. You can also rely on one of Finance Buddy's other tools, like helpful retirement articles or links to people that can assist you, but the retirement calculator is a great starting spot.
It's never too early to start thinking about your retirement, and how you go about saving will make a big difference. Whether you need to put away $1 or $1,000 every year, Finance Buddy will be able to help you determine your starting point. Similarly, you can find other calculators and information for big financial steps in your life, like buying a car, investing, saving for college or retirement or even with your taxes. Let Finance Buddy be your financial guide.