The Spreadsheet
In my book 'Kitchen Table Economics & Investing’ I refer to a spreadsheet on this website which is to help people see how they are travelling. For a number of reasons I have decided against a spreadsheet approach. Primarily because not everyone feels comfortable with spreadsheets, also the available online tools generally have very good graphics that makes them easier to use and these tools are likely to do a better job capturing the subtleties of tax and government benefits across different countries - not my expertise. As such I have instead included a number of links to different tools for different countries. I haven't vetted these exhaustively but they appear to be from reputable organisations and they look useful.
And I have also included some suggestions about things to consider when using these tools. I suggest that you read these notes before using these tools.
Links to retirement tools for various countries:
Australia http://qsuper.qld.gov.au/members/calculators/retirementincome.aspx
USA http://www.aarp.org/work/retirement-planning/retirement_calculator/
UK http://www.ageuk.org.uk/money-matters/pensions/pension-calculator/
Things to consider before using these tools (clink the links below)
Note the password for these links is the last word from the last chapter of Kitchen Table Economics & Investing):
Longevity protection
Some thoughts on Investment and Savings Risks
Salary increases - good or bad?
In my book 'Kitchen Table Economics & Investing’ I refer to a spreadsheet on this website which is to help people see how they are travelling. For a number of reasons I have decided against a spreadsheet approach. Primarily because not everyone feels comfortable with spreadsheets, also the available online tools generally have very good graphics that makes them easier to use and these tools are likely to do a better job capturing the subtleties of tax and government benefits across different countries - not my expertise. As such I have instead included a number of links to different tools for different countries. I haven't vetted these exhaustively but they appear to be from reputable organisations and they look useful.
And I have also included some suggestions about things to consider when using these tools. I suggest that you read these notes before using these tools.
Links to retirement tools for various countries:
Australia http://qsuper.qld.gov.au/members/calculators/retirementincome.aspx
USA http://www.aarp.org/work/retirement-planning/retirement_calculator/
UK http://www.ageuk.org.uk/money-matters/pensions/pension-calculator/
Things to consider before using these tools (clink the links below)
Note the password for these links is the last word from the last chapter of Kitchen Table Economics & Investing):
Longevity protection
Some thoughts on Investment and Savings Risks
Salary increases - good or bad?