Are investment and retirement calculators actually reliable investment tools?
A retirement calculator is a tool that helps you figure out the amount you need to invest regularly today, to meet your future financial goals. Basically, it helps you calculate how much you need to save in order to ensure a smooth and comfortable old age.
Ideally, the amount that this retirement calculator gives you should be invested in any of the investment products in the market like Mutual Funds, different types of Life Insurance, etc.
Both these terminologies are different. Hope this clarifies your confusion.
Aayush Dubey , did an awesome job with clarifying it to us here.
Thanks.The retirement calculator will give you a proper understanding of how much money you need to meet your old age comfortably. If you are looking for information about a good area to invest in or how to get additional money from a situation on the market, I suggest you visit this http://www.mcgeewm.com site with a lot of useful info about financial operation and wealth pieces of advice. I always use this site if I need information about finances or I need to find a new investment option.