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Can You Trust Those Online Retirement Calculators?

QUESTION:  Can you trust those retirement calculators that you find online?

ANSWER:  You can trust retirement calculators for their mathematical accuracy.  However, it is the inputs/assumptions that may have a large impact on the output. Problems in this area is where I see most of the errors made in financial planning.

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Money Matters is provided by:

David Schauer, CFA, MSFA, CFP®
Financial Planner
Hanson McClain
E-mail questions to moneymatters@kovr.com

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