Editor: Crass Cash
Here's the problem with retirement calculators. They all give you a different number. This is completely expected though because they all use different variables. So which one is the best? That's both easy to answer and difficult.
Everybody is different so picking one to fit everybody is nearly impossible. Here's a good rule of thumb though. Go with the most conservative calculator. Which one will that be? The one with gives you the high net worth number that you will need in order to retire. Here are three to get you started.
http://money.cnn.com/calculator/retirement/retirement-need/
http://www.bankrate.com/calculators/retirement/retirement-plan-income-calculator.aspx
https://retirementplans.vanguard.com/VGApp/pe/pubeducation/calculators/RetirementIncomeCalc.jsf
Everybody is different so picking one to fit everybody is nearly impossible. Here's a good rule of thumb though. Go with the most conservative calculator. Which one will that be? The one with gives you the high net worth number that you will need in order to retire. Here are three to get you started.
http://money.cnn.com/calculator/retirement/retirement-need/
http://www.bankrate.com/calculators/retirement/retirement-plan-income-calculator.aspx
https://retirementplans.vanguard.com/VGApp/pe/pubeducation/calculators/RetirementIncomeCalc.jsf
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