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Planning for retirement can be complicated. This is because everyone’s financial situation is unique, with different incomes, expenses, investment strategies, and retirement goals. Therefore, a generic one-size-fits-all retirement calculator may not accurately reflect your needs. The good news is that you can customize your planning with a retirement calculator to match your unique circumstances. This blog post covers everything you need to know about retirement planning.

Why Do You Need to Customize Your Retirement Calculator?

There are a few key reasons why customizing your retirement planning tools is essential:

Customizing Your Retirement Calculator Will Account for Your Actual Income and Expenses

Rather than using averages, you can input your specific salary, savings rate, spending, and so on. This leads to a more realistic projection.

Customizing Considers Your Investment Mix

The default calculator settings often assume you just invest in general market indexes, but

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