(PRWEB) December 20, 2013
Acalculator.com, a financial aid website that offers online financial help, has recently extended the list of retirement calculators by adding the Retirement Nestegg Calculator. The newly added calculator is designed to help people determine the size of Retirement Nest Egg required for successful fulfillment of their post-retirement plans.
The spokesperson for acalculator.com defines the newly added tool as one of the most unique retirement related tools on the website. Explaining the differences, he said, “Most of the retirement calculators on our website are related to retirement plans. This one, however, deals with the amount you need to save through those plans. The reason these plans usually fail is because people invest without investigating. You can’t really expect a plan to work unless you know what you are working for.”
The results of the calculator give an estimated idea of how much amount the users must save for their retirement. The calculator takes into account several factors such as savings, investments, and expected inflation rate at the time of the retirement. The tool is simple to use, with the required input values being kept minimum and simple. Main input values include current age, age of retirement, current income, savings, and expected increase in salary, etc.
While the calculator is different than the retirement plan calculators, it does not overlook the rate of return for these plans. According to the spokesperson, the retirement nest egg calculator can positively affect the long-term investment decisions even if they are not related to retirement plans.
The retirement nest egg calculator is not the first retirement related calculator added during the new round of updates on the website. While the website has more than 300 calculators divided in nearly 12 different categories, the retirement category has the longest list of tools. “We add tools based on the current concerns of the users and judging by the number of tools in our retirement category, one can easily tell that people are concerned about their retirement planning more than ever,” the spokesperson added.
Acalculator.com also features retirement calculators for the Canadian and Australian users. All of the calculators are completely free to use. Users can also choose to increase their online traffic by putting these tools on their own websites. In order to learn more about this service, please visit http://www.acalculator.com.
Acalculator.com is a leading financial help website that offers budgeting and financial calculation tools for free. The website currently features 300 different calculators ranging from mortgage calculators to long term care calculators. The website caters to users from the USA, Canada, and Australia by providing them essential tools to help them plan their financial future. To contact them, please use the following details:
Contact Number: (800) 333-0888